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 2020. Let’s start by answering some basic questions.
What Are Mutual Funds?
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.
You should invest in mutual funds because:
Over the long term, Mutual Funds have historically produced better returns than FDs.
Mutual Funds, unlike FDs, have high liquidity.
In comparison with FDs, no penalty is levied if Mutual Funds are sold within a short period of time.
Equity Linked Savings Scheme (ELSS) may provide better tax returns than FDs, as evidenced by their historical returns.
Mutual Funds allow you to choose the frequency of installments which, when compared to RDs, can prove to be convenient.
Long term wealth creation goals are better achieved through Mutual Funds rather than RDs.
Returns (Long term)
Low-High (Market dependent)
What Is A Good Mutual Fund?
There are several markers that you can use to identify a good Mutual Fund such as:
What Are The Benefits Of Investing In Mutual Funds?
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:
Distributed risk due to diversification
Multitude of options
Comfortable lock-in periods
Mutual Funds can allow you to branch out and ensure that risk is distributed and rewarded with lucrative returns.
How To Choose The Right Mutual Funds?
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:
You invest through a Systematic Investment Plan.
Funds are chosen based on your risk profile.
Gold standard guidance from our Wealth Coaches.
Diversification is done the right way.
We advise you when to buy AND sell.
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%.
Mutual Funds Currently Recommended By Our Advisor:
Moderate Risk Funds
Tax Saving (ELSS)
ICICI Prudential Liquid Fund
IDFC Banking & PSU Debt Fund
Axis Focused 25 Fund
Axis Small Cap Fund
Edelweiss Greater China Equity Off-shore Fund
Motilal Oswal Focused 25 Fund
Mirae Asset Tax Saver Fund
Axis Liquid Fund
ICICI Prudential Corporate Bond Fund
Invesco India Growth Opportunities Fund
Kotak Emerging Equity Fund
Franklin India Feeder - Franklin U.S. Opportunities Fund
Mirae Asset Large Cap Fund
Kotak Tax Saver Fund
Edelweiss Liquid Fund
Axis Banking and PSU Debt Fund
Mirae Asset Focused Fund
Motilal Oswal Midcap 30 Fund
Invesco Pan European Equity Fund
Edelweiss Liquid FundKotak Liquid Fund
IDFC Dynamic Bond Fund
Invesco India Contra Fund
ICICI Prudential Smallcap Fund
Nippon India Japan Equity Fund
DSP Liquidity fund
HDFC Money Market Fund
Canara Robeco Emerging Equities Fund
Kotak Small Cap Fund
How To Start Investing In Mutual Funds?
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.
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
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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!