{"id":3583,"date":"2019-01-18T16:40:00","date_gmt":"2019-01-18T11:10:00","guid":{"rendered":"http:\/\/jamawealth.com\/blog\/?p=3583"},"modified":"2026-03-02T23:44:12","modified_gmt":"2026-03-02T18:14:12","slug":"best-mutual-funds-to-buy-in-2019-based-your-investment-goals","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/blog\/best-mutual-funds-to-buy-in-2019-based-your-investment-goals\/","title":{"rendered":"Best Mutual Funds to Buy in 2019 Based Your Investment Goals"},"content":{"rendered":"\n

Best Mutual Funds 2019<\/h2>\n\n\n\n

Best Mutual Funds 2019- With the incumbent government retaining power at the center, India is poised to see strong developmental and economic reforms which will guide India on a higher growth path. Now that the election results are declared, it\u2019s time for us to think about where to invest that capital parked.<\/p>\n\n\n\n

But the choice of funds to invest depends on various factors. The most important question you need to answer is what goals do I want to achieve and what are the time-frames of same.<\/p>\n\n\n\n

\u201cInvesting without goals is like going on a journey without a destination\u201d<\/h3>\n\n\n\n

Following questions might help you to decide on the best mutual funds.<\/p>\n\n\n\n

Have you exhausted your 80C limit for the current financial year?<\/h3>\n\n\n\n

Do you fall under the tax bracket of 20% or 30%? If you do, then it is a good chance you will be paying a good amount of income tax. You need to calculate how much taxable income you have. Under provisions of 80C, you can reduce your taxable income by \u20b91.5lakh. If you invest \u20b91.5 lakh in tax saving instruments, you can save up to \u20b945,000 in taxes. And the money saved is equal to money earned. So evaluate your tax saving investments.<\/p>\n\n\n\n

Best Mutual Fund\u00a0ELSS schemes :<\/h3>\n\n\n\n
Fund<\/td>Net Assets (\u20b9 Cr.)<\/td>Expense Ratio<\/td>3-M (%)<\/td>1-Y (%)<\/td>3-Y (%)<\/td>5-Y (%)<\/td><\/tr>
Aditya Birla Sun Life Tax Relief 96 \u2013 Direct Plan<\/td>8,599<\/td>1.05<\/td>5.34<\/td>2.4<\/td>15.65<\/td>19.68<\/td><\/tr>
DSP Tax Saver Fund-Direct Plan<\/td>5,413<\/td>0.91<\/td>7.61<\/td>5.28<\/td>15.86<\/td>18.44<\/td><\/tr>
Mirae Asset Tax Saver Fund-Direct Plan<\/td>1,839<\/td>0.73<\/td>7.11<\/td>10.42<\/td>23.00<\/td> \u2013<\/td><\/tr>
Axis Long Term Equity Fund-Direct Plan<\/td>18,852<\/td>0.84<\/td>6.85<\/td>5.51<\/td>15.47<\/td>19.66<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Do you have your emergency fund?<\/h3>\n\n\n\n

Situations of emergency can arise at any time. Are you financially ready for such situations? Whether it is a job loss or health problems, you must keep some amount as an emergency fund. Ideally, the amount equivalent to six times your monthly expense is good enough for an emergency fund. And liquid funds are best to keep your emergency fund.<\/p>\n\n\n\n

Best liquid fund schemes:<\/h3>\n\n\n\n
Fund<\/td>Net Assets (\u20b9 Cr.)<\/td>Expense Ratio<\/td>1-M (%)<\/td>3-M (%)<\/td>1-Y (%)<\/td><\/tr>
Reliance Liquid Fund \u2013 Direct Plan<\/td>30,272<\/td>0.14<\/td>0.69<\/td>1.83<\/td>7.61<\/td><\/tr>
Aditya Birla Sun Life Liquid Fund \u2013 Direct Plan<\/td>42,721<\/td>0.15<\/td>0.68<\/td>1.82<\/td>7.56<\/td><\/tr>
Axis Liquid Fund \u2013 Direct Plan<\/td>21,028<\/td>0.11<\/td>0.70<\/td>7.11<\/td>10.42<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Will you need invested money within the next three years?<\/h3>\n\n\n\n

If your investment horizon is short, it is better if you go with debt funds or hybrid funds. Reason being in short term equity funds might be risky. Again, it depends on your risk profile. If you are okay to bear a loss of 10% for a potential gain of 25%, you can choose among various equity funds as well. But if you like to play it safe, hybrid funds or debt funds are your best bets.<\/p>\n\n\n\n

Best Hybrid Funds:<\/h3>\n\n\n\n
Fund<\/td>Category<\/td>Net Assets (\u20b9 Cr.)<\/td>3-M (%)<\/td>1-Y (%)<\/td>3-Y (%)<\/td>5-Y (%)<\/td><\/tr>
Mirae Asset Hybrid Equity Fund-Direct Plan<\/td>Hybrid: Aggressive<\/td>3226<\/td>7.04<\/td>12.40<\/td>16.69<\/td>–<\/td><\/tr>
ICICI Prudential Equity and Debt Fund-Direct Plan<\/td>Hybrid: Aggressive<\/td>1992<\/td>5.68<\/td>7.54<\/td>15.57<\/td>16.95<\/td><\/tr>
ICICI Prudential Regular Savings Fund-Direct Plan<\/td>Hybrid: Conservative<\/td>1,622<\/td>3.02<\/td>7.62<\/td>11.16<\/td>12.45<\/td><\/tr>
Aditya Birla Sun Life Balanced Advantage Fund-Direct Plan<\/td>Hybrid: Dynamic Asset Allocation<\/td>2,905<\/td>4.01<\/td>6.61<\/td>12.50<\/td>13.08<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Do you want to build wealth and keep invested for more than 5 years?<\/h3>\n\n\n\n

Talking about the best mutual funds, Equity is the best asset class for building wealth. And in long term risk in equity gets minimized. In equity mutual funds also one can invest in small cap, mid cap, large cap or multi-cap funds depending on the risk-taking ability of investor. Below are the best mutual funds in each of the category \u2013<\/p>\n\n\n\n

Fund<\/td>Category<\/td>Net Assets (\u20b9 Cr.)<\/td>3-M (%)<\/td>1-Y (%)<\/td>3-Y (%)<\/td>5-Y (%)<\/td><\/tr>
Reliance Large Cap Fund-Direct Plan<\/td>Equity: Large Cap<\/td>12,768<\/td>6.96<\/td>11.86<\/td>16.84<\/td>17.28<\/td><\/tr>
UTI Sensex Exchange Traded Fund<\/td>Equity: Large Cap<\/td>4,278<\/td>8.33<\/td>15.85<\/td>16<\/td>–<\/td><\/tr>
Mirae Asset Emerging Bluechip Fund-Direct Plan<\/td>Equity: Large & Mid Cap<\/td>7,162<\/td>7.88<\/td>8.98<\/td>21.63<\/td>26.73<\/td><\/tr>
L&T Midcap Fund-Direct Plan<\/td>Equity: Mid Cap<\/td>4,390<\/td>3.30<\/td>-5.75<\/td>18.07<\/td>23.30<\/td><\/tr>
Mirae Asset India Equity Fund-Direct Plan<\/td>Equity: Multi-Cap<\/td>11,893<\/td>7.81<\/td>12.21<\/td>18.76<\/td>19.59<\/td><\/tr>
HDFC Small Cap Fund-Direct Plan<\/td>Equity: Small Cap<\/td>7,544<\/td>4.72<\/td>-2.49<\/td>20.81<\/td>21.55<\/td><\/tr>
SBI Small Cap Fund-Direct Plan<\/td>Equity: Small Cap<\/td>1,891<\/td>5.49<\/td>-9.39<\/td>18.40<\/td>28.78<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Contact Us for Maxiom Wealth<\/a> Platform Details On Equity Markets.<\/p>\n\n\n\n\n

\n

Maxiom Wealth \u2014 Free Tool<\/p>\n

Is Your Mutual Fund Working Hard Enough?<\/h3>\n

Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Best Mutual Funds 2019 Best Mutual Funds 2019- With the incumbent government retaining power at the center, India is poised to see strong developmental and economic reforms which will guide India on a higher growth path. Now that the election results are declared, it\u2019s time for us to think about where to invest that capital… Read More »Best Mutual Funds to Buy in 2019 Based Your Investment Goals<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":5290,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-fundamentals-mutual-funds-guide"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/posts\/3583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/comments?post=3583"}],"version-history":[{"count":3,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/posts\/3583\/revisions"}],"predecessor-version":[{"id":6677,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/posts\/3583\/revisions\/6677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/media\/5290"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/media?parent=3583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/categories?post=3583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/blog\/wp-json\/wp\/v2\/tags?post=3583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}