The best mutual fund to invest in 2019 will be one that meets your specific needs for long term growth, near term liquidity and ability to withstand volatility.
Lets understand these 3 terms better:
- Long term growth: If you are ready to forget about the money that you invest in for atleast 10 years, then chances are the best fund will be an equity fund, preferably a multicap fund.
- Near term liquidity: If you wish to protect the investment and ensure that it can be encashed quickly then liquid funds are the best. If you want the cash a few years later, say 3–5 years then you may go for a hybrid fund.
- Volatility: This depends on your willingness to sit on the roller coaster ride and withstand ups and downs. As i write this, the Nifty 50 Index is down by 12% which is a steep correction. You are better off going for funds that exhibit lower volatility in the equity space. You would like to go for a large cap fund if you desire lower volatility.
If you wish to find out funds personalised for you, then take a free risk profile here and check out the funds.
