Best mutual funds to invest in 2019
At MobiKwik, we apply big-data science and analysis to come up with a short list of funds that can help you narrow down your investment choices from the hundreds of mutual funds available. We receive no commissions or kick-backs from Mutual Fund Companies for our recommendations — so you can be sure that our advice is honest — and in your best interest.
Equity Large Cap:
Large cap diversified funds should form the core of your investment holdings.
Equity Large and Mid Cap:
These funds are diversify their investments in between large and mid-cap companies.
Equity Small and Mid-Cap:
Small and mid-cap focused funds are more volatile, but can often help boost overall returns of your portfolio. These are suitable for investors who have the ability to take on higher risk of losses.
Multi Cap funds in stocks of companies across large cap, mid cap, small cap stocks with a goal to maximize profits.
An index fund attempts to replicate the performance of a given index of stocks
Tax Saving Equity Funds (ELSS):
In order to reduce your tax bill, you can invest up to Rs 150,000 a year in Tax Saving (ELSS) funds under section 80C of the Income-tax Act.