“Investing in mutual funds through SIP allows you to accumulate wealth gradually.”
A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.
What is Mutual Fuds ?
ICICI Prudential Bluechip Fund
This large cap fund invests predominantly in large cap stocks. It has given steady returns over the long term with relatively lower risk. Suitable for investors looking for a core equity fund.
Axis Bluechip Fund
Another large cap oriented fund with focus on bluechip companies. Has outperformed its benchmark index and category peers in the long run. Good for investors looking for capital appreciation with lower risk appetite.
HDFC Balanced Advantage Fund
A dynamic asset allocation fund that dynamically manages equity and debt allocation based on market valuations. Reduces downside risk in equity downturns. Suitable for new investors looking to start SIPs.
Tata Balanced Advantage Fund
Similar to HDFC Balanced Advantage fund, this fund also dynamically manages asset allocation between equity and debt based on market trends. Lowers volatility compared to pure equity funds.
Kotak Corporate Bond Fund
For investors looking for some fixed income exposure, this fund invests predominantly in AA+ and above rated corporate bonds. Relatively low credit risk in the fixed income portfolio. Ideal for capital preservation.
Disclaimer: The views/suggestions/advices given here in this solely by investment experts. We suggest its readers to consult their investment advisers before making any financial decision.