Best Mutual Funds: Debt & Equity
They collect money from several investors and the combined pool is then invested. MFs are handled by a fund manager who is an expert with well-rounded knowledge about the securities markets.
These funds invest in stocks, and are considered riskier with a faster growth rate. You can choose from different types of equity funds based like large-cap stocks, mid-cap stocks, etc.
Large Cap Funds
Invest in Axis Bluechip Fund, ICICI Prudential Bluechip Fund Kotak Bluechip Fund Mirae Asset Largecap Fund DSP Top 100 Equity Fund Invesco India Largecap Fund.
Mid Cap Funds
Invest in Axis Midcap Fund Franklin India Prima Fund L&T Midcap Fund HDFC Midcap Opportunities Fund Kotak Emerging Equities Scheme UTI Midcap Fund DSP Midcap Fund.
Invest in Canara Robeco Equity Tax Saver Fund BOI AXA Tax Advantage Eco Fund Axis Long Term Equity Fund Nippon India Tax Saver ELSS Fund Tata India Tax Savings Fund.
It is a mutual fund scheme that invests in fixed income instruments: corporate or govt bonds, corporate debt securities, money market instruments etc.
Best Debt Funds
You can invest in ICICI Prudential Savings Fund, Kotak Savings Fund Tata Liquid Fund
Start Your Investment Portfolio
Now that you have an idea of which mutual funds are the best performing in each category - you can look at your budget and financial goals and start investing today!
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.