Despite being highly misunderstood, mutual funds is one of the most loved asset classes for wealth creation.
If invested wisely, the returns are pretty high. But there should be no ambiguity in the investor’s mind regarding the aim, prior to investing. With the scheme goals matching investor’s aims, mutual funds - especially equity-linked funds can be one of the best investment decisions. It is one of the few asset classes that could beat inflation.
About 28 years after privatising this sector, the demand for this asset class has picked up. As per Association of Mutual Funds of India reports, the Asset Under Management (AUM) of the Indian mutual fund industry has grown from 5.45 trillion as on August 31, 2008 to 25.20 trillion as on August 31, 2018, more than four fold increase in a span of 10 years. The total number of folios as on August 31, 2018 stood at 7.66 crore, while the number of folios under equity, ELSS and balanced schemes, wherein the maximum investment is from retail segment, stood at 6.41 crore.
Considering the high demand and interest of investors in mutual funds as an asset class, we bring to you the best mutual fund schemes to invest in. The selection process was rigorous and done by the appointed Jury. Please note that the selection is restricted to the equity section with one exception and we have selected best five in each category without ranking them. Since the Jury meeting was conducted on August 28, 2018, we have marked it as a cut-off date to map returns. (Appointed Jury: Nilesh Shah, CEO, Kotak Mutual Fund; Deena Mehta, MD Asit C Mehta Investments; Saurabh Mukherjea,
Founder, Marcellus Investments; Swarup Mohanty, CEO Mirae
Asset Management)
Large Cap SchemesAditya Birla Sun life Frontline Equity Fund
Denne historien er fra October 2018-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 2018-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs
How Do You Define Happiness?
Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness
Avoid Crypto As It Is Highly Volatile
I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms
