Investing in mutual funds? Here are the best ones you can buy now.

Suhani Sharma
Aug 31, 2018 · 2 min read

Saving money has become difficult in today’s day and age. There are countless ways of saving money starting with our very own piggy banks. But do they give you better returns? Not much. The best way to get significant returns is through investments and there is no better investment option than mutual fund investments.

Why? Let’s find out:

Mutual fund investments count as a safer way of gaining significantly higher returns than other forms of investments.

How?

Think stocks, stocks are subject to numerous risks such as market risks, organizational risk and performance risks. The price of a stock might fall even if the market is on a rise.

With mutual funds, you get the option to invest in a plethora of stocks throughout different sectors.

Also, there are numerous mutual funds to choose from equity funds to balanced funds, each having their own risk factor.

Which one is better for you?

Hybrid Funds

Hybrid mutual funds are a combination of two or more asset classes-stocks and bonds. These mutual fund investments give you significant returns in the long run and better income generation in the short term. Your money is assigned in varying proportions of equity and debt. Depending on their type, they can be categorized as either equity-oriented or debt-oriented.

Equity Saving Fund

A saving fund is one of the best mutual funds you can buy now. If you are an investor, equity saving funds can help you generate a steady income while still maintaining your initial investment capital. However, these types of funds are not best if you are looking to invest in the long term.

Large Cap Funds

Large Cap Funds are used in investing a significant part of its entity in large cap companies. These companies are reputed for being key players in the market with an excellent track record. By investing a major part of the funds in these companies, large cap mutual funds are lower on risk and yield steady returns.

Conclusion

There you have it, if you’re on the verge to invest your money in mutual funds, investing in these three are sure to double your returns over time. Not only are these reliable but will also give you plenty of options to plan your investment strategy in the long run. Ensure you complete your KYC registration at the time of buying the respective mutual fund.