Which bank is best for mutual fund investment in India?
Which bank is best for mutual fund investment in India?
2. Top Sectoral Banking Mutual Funds
| Fund | 3-Year Returns | Link |
|---|---|---|
| ICICI Prudential Banking and Financial Services Fund Growth | -0.67% | Invest now |
| Edelweiss Banking and PSU Debt Fund Regular Growth | 10.36% | Invest now |
| Kotak Banking and PSU Debt Growth | 9.09% | Invest now |
| HDFC Banking & PSU Debt Fund Regular Plan Growth Option | 8.45% | Invest now |
Is it safe to invest in mutual funds in India now?
Mutual funds are a safe investment if you understand them. Investors should not be worried about the short-term fluctuation in returns while investing in equity funds. You should choose the right mutual fund, which is in sync with your investment goals and invest with a long-term horizon.
How invest in mutual funds for beginners in India?
How to invest in mutual funds online in India?
- You must log on to cleartax invest.
- You then select the mutual fund house from the list of fund houses.
- Pick the mutual fund scheme based on your investment objectives and risk tolerance and click on Invest now.
Is SIP better than FD?
Systematic Investment Plan is a better investment option in comparison to Fixed Deposit especially if you consider the flexibility of investment, advantage of diversification, tax benefits, and higher returns. That is why it is better to invest in a systematic investment plan than in fixed deposit.
Can I lose all my money in mutual fund?
With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.
Which SIP is best for 3 years?
Best SIP Plans for the Year 2022
| Fund Name | Monthly Investment | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 5000 | 14.39% |
| ICICI Prudential Bluechip Fund | 5000 | 19.41% |
| Kotak Standard Multicap Fund | 5000 | 14.15% |
| Motilal Oswal Focused 25 Fund | 5000 | 20.01% |
Which type of mf is best?
Best Performing Debt Mutual Funds
| Fund Name | 3-year Return (%)* | 5-year Return (%)* |
|---|---|---|
| SBI Magnum Medium Duration Fund Direct -Growth | 7.95% | 7.91% |
| Kotak Dynamic Bond Fund Direct-Growth | 7.46% | 7.79% |
| Edelweiss Banking and PSU Debt Fund Direct-Growth | 7.95% | 7.78% |
| ICICI Prudential All Seasons Bond Fund Direct Plan-Growth | 8.08% | 7.74% |
Do you lose money in mutual funds?