Mutual Funds are one of the safest bet if you are looking to invest money in the financial market. There has been a trend in the financial world today to consider mutual funds as a safe and reliable platform to invest your money. It can be said that people can go through the top 5 mutual funds in the market today and make a safe and secure investment with little or no worries. It is also advisable for investors to look at the top 5 mutual funds for long term and short terms. This is suitable for investors who have different preference and in the way they want to invest their money.
The top five mutual funds in the market have to offer a reliable return on investment within a specific time. These include the top 5 tax saver mutual funds where people can also benefit on the tax aspect.
How do Mutual Funds work?
Mutual fund is a way of investment where funds from different investors are allocated and invested by asset management companies. These companies analyse the top 5 mutual funds in the market and invest money at the right time. These investment can either be made in the top 5 mutual funds for long term or short term. Once this investment is made by the asset management company and a return is obtained on the investment, a dividend is given to investors. This dividend comes from the top five mutual funds with maximum profits. They also turn out to be the top 5 tax saver mutual funds for investors.
Scope of investment:
The scope of investment among the top 5 mutual funds is very wide. These include investment made in the top 5 mutual funds for long term and short term depending upon the market. One of them is investment made in the equity market. These are among the top five mutual funds to invest in. The investment is made on the top 5 tax saver mutual funds where can also make benefit within the taxing structure.
Money market is another alternative which finds its place in the top 5 mutual funds. This platform is for easily liquidity and short term benefits.
Top 5 Mutual Funds to Invest
|Returns% (NAV as on 13 Nov, 2017)|
|Type||Mutual Funds||1 Year||2 Year||3 Year||5 Year|
|Large||Mirae – Asset India Opp Fund Reg (G)||29.3||22.0||15.0||21.2|
|Small||Reliance Small Cap (G)||42.9||27.5||22.8||32.0|
|Midcap||Mirae – Asset Emerging Bluechip Fund Reg (G)||33.8||28.0||23.6||30.6|
|Midcap||Aditya Birla SL – Pure Value Fund Reg (G)||39.0||28.8||20.7||29.6|
|ELSS||Aditya Birla SL – Tax Relief 96 Fund ELSS Reg (G)||31.2||20.6||16.9||22.1|