Funds are a great way to get involved in the equities and debt market without
bearing the active load of it alone. There are many mutual funds in India that
can leave investors confused and at a loss.
Here are some of the best Mutual Fund Investment Plans as
Prudential Focused Blue-Chip Equity Fund
A large-cap category mutual fund in India, this scheme was started on
23rd May 2008. This is an open-ended
mutual fund and can be availed by any prospective investor at any time.
The scheme allows investors
achieve growth by getting their money involved in a myriad of leading blue-chip
companies. With low risks involved, a turnover of 16% in 3 years, and a minimum
application amount of only Rs. 5000, this scheme is one of the most sought-after mutual fund investment plan in
& T Value Fund
a diversified equity fund that came about due to a merger between the L& T
Indo Asia Fund and The L & T India Value fund in 2015. It had originally
commenced in the year 2010. The percentage returns for both three years and five
years are comparatively high. They stand at 31% and 25% respectively.
The primary objective of
this Mutual Fund In India is to generate a capital appreciation for a long
term. It is also an open-ended mutual
fund and is gaining much popularity as one of the best mutual funds in India.
With a low risk, high
return, and a trusted brand, the SBI Blue-Chip Fund is a safe harbour of mutual funds in India. The balanced fund scheme by SBI allows
investors exposure to both the equities
and debt market.
An efficient fund manager is
responsible for striking the balancing chord between equity investment and debt
investment. This mutual fund plan falls
under the category of large-cap funds and
was started in the year 2006. The three year return percentage stands at 20%.
The HDFC Balanced Fund was started on 11th September 2001. It is an Equity-Balanced Scheme with two kinds of
plans enclosing both dividend option as well as growth option
The Existing Plan
The Direct Plan
This Mutual Fund Scheme has been specially launched for those investors who
seek a capital appreciation simultaneously with their current income on a long-term basis. It is also suitable for those
that wish to invest in equities and other equity related instruments. The
minimum application amount for this mutual fund in India also stands at Rs.
Sun Life Tax Plan
The Aditya Birla Mutual Fund
Scheme aims at offering investment benefits to customers even with their
limited resources, time, and market
knowledge. This is one of the Mutual Funds in India that has been curated for tax saving while benefiting from
wealth creation and personal savings.
The Birla Sun Life Tax Plan
falls under the category of ELSS or Equity Linked Savings Scheme. Therefore, according
to Section 80 C of the Income Tax Act, this mutual fund investment scheme in
India is exempted from Income taxes.
Mid Cap Fund
The UTI Mid Cap Fund is an open-ended Mutual Fund Scheme that was incepted in 2004. It is a retail investment plan with a current fund
size of Rs. 3816.17 Crores.
With an above average return
trend and a turnover of 31% in three years, this Mutual Fund Scheme in India
has rapidly gained momentum. As of September 30th,
2017, there are 356801 investors associated with this mutual fund plan. The
minimum investment sun with this plan too stands at Rs. 5000.
Long Term Equity Fund
also an Equity Linked Savings Scheme that has
been received marvellously by
investors. With a minimal lock-in period
of 3 years, this has been one of the most popular mutual fund plans in India
Since it as an ELSS fund, it
also guarantees tax savings under section 80 C. The company has quite
deservedly achieved a growth of Rs. 10,000 since it's Mutual Fund Investments
Inception in India. The risk involved with this
mutual fund is low accompanied by a high return rate.
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