What is a mutual fund and which funds are good to invest in
Mutual funds are the money pooled in by a large number of people or investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers, who allocate the fund's investments and attempt to produce capital gains and/or income for the fund's investors. To find the best mutual funds, you need to narrow down the list of funds which are suitable for your financial goals. For long term goals, you can invest in Equity mutual funds for higher returns. However, for short-term goals, invest in Debt funds which yield returns over short period of time. Now, let’s look at the best mutual funds below: a) Birla SL Frontline Equity Fund b) ICICI Prudential Value Discovery Fund c) HDFC Mid-cap Opportunities Fund d) DSP Micro Cap Fund e) Axis Long Term Equity Fund f) Indiabulls AMC Blue Chip Fund For more information about the investment in mutual funds, visit www.indiabullsamc.com or call on 1800 266 6002.
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