Best Mutual Funds in India – Know before you Invest

Posted by nishantdhar on July 31st, 2019

Mutual funds are the intelligent way to invest your hard-earned cash to gain MORE RETURNS. There are plenty of top-rated Indian funds for investment. To select the best and invest, you should be intelligent enough. Here are some data to help you select the best mutual funds to invest in 2019.

The top Mutual Fund houses or Asset Management Companies (AMC) in India are:

• HDFC
• ICICI Prudential
• SBI
• Aditya Birla Sun Life
• Reliance Nippon Life

These companies, as well as the other companies, are launching a lot of mutual fund schemes. You should evaluate the ratings of these schemes before investing in any specific scheme. Top credit rating companies award the ratings for the schemes. Some of India's credit rating companies are CRISIL, ICRA, etc. After extensive studies on the profile and efficiency of the schemes, these companies offer ratings for the schemes.

Indian companies also introduced Systematic Investment Plans to benefit retail investors and low-income individuals. In this system, monthly investments are made in mutual fund schemes through which, compared to regular investments, you can purchase units at a considerably small average cost.

Compared to regular schemes, some of these SIP schemes perform well. After analyzing previous yields, these plans would be well rated by the rating firms. There are SIP plan schemes where the minimum amount of investment is Rs 100. So you have a decision to invest in SIP schemes to gain excellent yields.

Some rules you need to follow before you select the fund company you plan to invest in:

• You should check the company's previous performance and the history of management. They, as well as experienced investors, should have enough financial muscle.
• Once you have chosen a specific scheme, then you should evaluate the past performance of that specific scheme as well as the profile of the fund manager who handles the scheme.