Which is the best mutual fund to invest in 2020?
Table of Contents
Which is the best mutual fund to invest in 2020?
Top 10 Mutual Funds in India 2020
- ICICI Prudential Focused Bluechip Equity Fund.
- Aditya Birla Sun Life Small & Midcap Fund.
- Tata Equity PE Fund.
- HDFC Monthly Income Plan – MTP.
- L Tax Advantage Fund.
- SBI Nifty Index Fund.
- Kotak Corporate Bond Fund.
- Canara Robeco Gilt PGS.
Which is the best investment in Kerala?
Top 10 investment options
- Debt mutual funds.
- National Pension System.
- Public Provident Fund (PPF)
- Bank fixed deposit (FD)
- Senior Citizens’ Saving Scheme (SCSS)
- Pradhan Mantri Vaya Vandana Yojana (PMVVY)
- Real Estate. The house that you live in is for self-consumption and should never be considered as an investment.
- Gold.
Which MF is best to invest now?
The table below shows the best hybrid funds:
| Mutual fund | 5 Yr. Returns | |
|---|---|---|
| BOI AXA Mid & Small Cap Equity & Debt Fund – Direct Plan – Growth | 19.49\% | Invest Now |
| ICICI Prudential Thematic Advantage Fund (FOF) – Direct Plan – Growth | 17.19\% | Invest Now |
| HDFC Retirement Savings Fund- Equity Plan -Direct Plan-Growth | 19.48\% | Invest Now |
Which mutual fund is best in 2021?
Top Performing Mutual Funds of 2021
| Scheme Name | Expense Ratio | |
|---|---|---|
| Mirae Asset Tax Saver Fund | 0.43\% | Invest |
| Canara Robeco Equity Tax Saver Fund | 0.75\% | Invest |
| IDFC Tax Advantage (ELSS) Fund | 0.74\% | Invest |
| Axis Long Term Equity Fund | 0.74\% | Invest |
Is SBI Mutual Fund Safe?
Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes. Variety of Options: Investing in SBI Mutual Fund comes with a broad range of choices, you can invest for a short-term, mid-term and long-term in these schemes offered by the SBI.
Are mutmutual funds available in Kerala?
Mutual Funds in India are regulated by the Security and Exchange Board of India. Hence they available all over India and not in Kerala or any one state in specific. You may be confused with some chit funds or portfolio management services that may be operating out of Kochi or any such city.
Which are the top 10 best mutual funds in India?
1 Aditya Birla Sun Life Mutual Fund 2 Axis Mutual Fund 3 BNP Paribas Mutual Fund 4 Canara Robeco Mutual Fund 5 DSP Mutual Fund 6 Edelweiss Mutual Fund 7 Franklin Templeton Mutual Fund 8 HDFC Mutual Fund 9 ICICI Prudential Mutual Fund 10 IDFC Mutual Fund
Is mutmutual fund a good option for long term investment?
Mutual fund is also a goo option for investment but it is for long term like after 25–30 years whereas stock market is a place where you can make money on a daily basis. IPO’s are another good option as a side source of income.
What are the tax implications of investing in mutual funds?
Mutual funds are classified into equity-oriented and debt-oriented for tax purposes. If you invest in equity-oriented Mutual Funds for less than 12 months, you pay 15\% tax on returns. For any duration above that, you pay 10\% on gains exceeding ₹1 lakh.