Top six mutual funds to look at for December 2017: Report
The top six yielding mutual fund schemes for December 2017 have been listed out. We tell you all about it.
Disclaimer: This story is for informational purposes only and should not be taken as investment advice.
Investing in mutual fund portfolios often proves to be fruitful to conservative investors. Nevertheless to find the perfect SIP yielding portfolio could involve a number of risk calculating tasks.
Individuals will have to shortlist long-term performance record holding companies and then cherry-pick the ones that comply with the individual’s risk profile and investment objectives.
However the list of ‘recommended portfolios for conservative investors’ has been put together by Economic Times for the month of December.
Mutual funds are an investment programme made up of a pool of moneys collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets.
Generally investors hire mutual fund managers to track investments made into this ‘investment vehicle’.
In an attempt to make life easy for the average investor, the report compiled portfolios based on individual risk profiles in three baskets - between Rs 2,000-5,000, between Rs 5,000-10,000 and above Rs 10,000.
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These are the names of the top six schemes listed in the recommended ‘best mutual funds’ list.
- SBI Bluechip
- HDFC Balanced Fund
- Aditya Birla Sun Life Top 100
- SBI Magnum Multicap Fund
- Mirae Asset Emerging Bluechip Fund
- L&T India Value Fund
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