Mutual Funds are all the rage these days. But questions like “What is a good Mutual Fund?”, and “How do I invest in Mutual Funds?”, might occupy your mind as you get started.
If you are reading this, you’re in the right place. This blog is focused on answering all questions that pop-up in your mind as you search for the best mutual funds of 2021. Let’s start by answering some basic questions.
Mutual Funds consist of a large pool of money that expert Fund Managers use to invest in various securities such as money market instruments, stocks, fixed-income funds, hybrid funds, etc.
The investments are not limited to industries or asset types. Over the long term, Mutual Funds have historically produced better returns than FDs and other traditional investment options.
There are several markers that you can use to identify a good Mutual Fund such as:
This is where Cube Wealth can step in and solve your dilemma. Consult our Wealth Coaches through our app today.
.jpeg)
While the misinformation surrounding Mutual Funds is abundant, it might just be one of the best investment options available on the market.
Here are the benefits:
Mutual Funds can allow you to branch out and ensure that risk is distributed and rewarded with lucrative returns.
That which is best for another may not always be best for you. This is exactly why choosing funds on your own is not recommended. Instead, investing through an App such as Cube Wealth will ensure that you have the support, guidance, and transparency to get the best out of Mutual Funds.
The Cube Wealth app ensures that:
The Mutual Funds are hand-picked and recommended by our Wealth Advisor, Wealth First. They have an incredible track record of beating the average mutual fund by 50%.
We recommend you to build the right portfolio based on your risk profile. However, unlocking the benefits of the right Mutual Funds may seem like a tedious task due to the numerous schemes available. Only if there was a way to solve this…
Well, there is! You can gain access to impeccable Wealth Coaches and award-winning Wealth advisors through the Cube Wealth app. Automate the whole investment process and play the waiting game without any hassle.
Download the Cube Wealth App today to learn more!
*Note: Facts and figures as of 09-03-2021
Ans. The Cube Wealth app gives you access to the best mutual funds for 2023. The funds are handpicked by Wealth First, Cube's mutual fund advisory partner. There are over 1000+ mutual fund schemes available to Indian investors along with the noise surrounding each fund. Cube helps you cut through the hurdles and invest in the best funds for your investment goals.
Ans. Equity funds are generally known to give the highest returns mainly because they invest in stocks. Among them, international mutual funds and certain small cap and mid cap funds are known to potentially generate lucrative returns.
However, they carry a certain amount of risk that investors must weigh before investing. Taking the risk analysis quiz on the Cube Wealth app is an efficient way to know if you should invest in equity funds.
Ans. Mutual funds come in various categories, including equity funds, debt funds, hybrid funds, and thematic funds. Equity funds are typically suited for long-term growth, while debt funds are more income-oriented. Hybrid funds combine elements of both.
Ans. Yes, mutual fund investments can have tax implications. Factors like the holding period and the type of fund can impact the tax treatment of capital gains. It's advisable to consult with tax advisors to understand the tax implications of your investments.
As investors seek the best mutual funds of 2023, they embark on a journey to harness the potential of financial markets while managing risk effectively. Mutual funds remain a popular choice due to their inherent advantages, including diversification, professional management, and access to various asset classes.
The process of selecting the best mutual funds involves careful evaluation. Key factors to consider include historical performance, expense ratios, the experience and track record of the fund manager, and the alignment of the fund's strategy with individual investment goals and risk tolerance. Whether aiming for long-term growth or a steady stream of income, there are mutual fund categories to match diverse financial objectives.
Other Posts You May Like:
Top 5 Reasons To Try Our Powerful Investment App!
Schedule a call based on your convenience. And get an expert to help you invest.
Want the best
investment blog delivered straight to your inbox?
Grow your money without wasting time
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
