Investing Related

Looking for the Best Mutual Funds Of 2020

September 1, 2020

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. 

 

Title

Mutual Funds

Fixed Deposit

Recurring Deposit

NPS

NSC

Returns (Long term)

6.4-11.79% 

3.25-9.25%

4.75-7.75%

8-10% 

6.8%

Liquidity

High

Low

Medium

Low

Low

Risk

Low-High (Market dependent)

Low

Low

Medium 

Low


What Is A Good Mutual Fund?


There are several markers that you can use to identify a good Mutual Fund such as:

  • Investment Objective
  • Low Expense Ratio
  • Level of Risk
  • Fund Performance Vs Benchmark
  • Asset Under Management
  • Fund Manager
  • Portfolio Turnover Ratio

This is where Cube Wealth can step in and solve your dilemma. Consult our Wealth Coaches through our app today.

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:

  • Professionally managed
  • Distributed risk due to diversification
  • Multitude of options
  • Low-cost affordability
  • Liquidity
  • Comfortable lock-in periods
  • Tax benefits

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:

 

Liquid Funds

Debt Funds

Moderate Risk Funds

Aggressive Funds

International Funds

Conservative 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.

Download the Cube Wealth App today to learn more!

*Note: Facts and figures as of 28-08-2020

Shriram Shekhar
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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