We all are aware of the importance to save money for the future and one of the best option for the same is Mutual funds. Foreseeing the inflation, mutual funds seems to be the best option for the future investment plans. Moreover, due to inflation the concept of saving money and some investment practices have come up in great demand. Hence, investing in Mutual Funds, SIP, Crypto Currency, etc., has become an important part of any individual’s secure investment plans.
In Mutual Funds investments, one main concept is to help one improve his/her venture capital. Mutual funds deliver positive returns if invested for a longer time-period through SIP (Systematic Investment Plan). Research has clearly indicated that the mutual fund sector provides profitable returns as compared to other investment plans. There are many investment plans that can be taken into consideration because each year mutual fund income continues increasing.
Here is a list of top technical picks of Mutual Funds for investment in the last six months of 2018. The list is classified as long-term investments, short-term investments, and tax saving mutual funds.
For long-term needs:
Equity Mutual Funds
Long-term assets need to be invested in equity mutual funds to beat inflation.
- “Mirae Asset India Opportunities Fund”
- “SBI Blue Chip Fund”
- “Reliance Vision Fund”
- And “L&T India Value Fund”.
And these equity funds are best for investments in the second half of 2018.
Tax Saving Funds
Investing in tax saving funds to claim tax exemption under Section 80C is also suggested. All of us know that Tax Saving (ELSS) funds are the best way to save taxes and capitalize for long-term, the suggestions in this category are :-
- “L&T Tax Advantage Fund”
- “DSP BlackRock Tax Saver Fund”.
For short-term needs:
For short-term requirements, a substitute for bank FDs which is debt funds is suggested as they give healthier returns after taxes are taken into account. The security of these funds and their track record is estimated and are good for a portfolio aiming short-term money needs. They are :-
- “Axis Liquid Fund”
- “SBI Magnum Low Duration Fund”
- “ICICI Prudential Ultra Short Term Plan-Regular”.
Suggestion for best investment options in the last six months of the year 2018 are made very much clear with this blog. A wise investment in these funds is worth looking at.