Best Mutual Funds To Invest In 2022
Table of Contents
In a lump sum mode of investment, investors can invest a considerable amount as a one-time down payment in the scheme, whereas in a SIP mode, investors can invest at regular intervals that can be monthly, quarterly and annually. The minimum investment amount in a lump sum could Range from INR 1000-5000, while in a SIP you can start investing with just INR 500.
Top Mutual Funds To Invest In 2022
1. Principal Emerging Bluechip Fund: The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of mid cap & small cap companies.
2. UTI Dynamic Bond Fund: The investment objective of the scheme is to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
3. UTI Banking & PSU Debt Fund: The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).
4. PGIM India Credit Risk Fund: (Erstwhile DHFL Pramerica Credit Opportunities Fund) The investment objective of the Scheme is to generate income and capital appreciation by investing predominantly in corporate debt. There can be no assurance that the investment objective of the Scheme will be realized.
5. L&T Emerging Businesses Fund: To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities.
6. SBI Magnum Children's Benefit Plan: To provide attractive returns to the Magnum holders / Unit holders by means of capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio, will be reinvested.
7. ICICI Prudential MIP 25: The Scheme seeks to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there can be no assurance that the investment objectives of the Scheme will be realized.
8. SBI Debt Hybrid Fund: (Erstwhile SBI Magnum Monthly Income Plan) To provide regular income, liquidity and attractive returns to the investors through an actively managed portfolio of debt, equity and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.
9. Aditya Birla Sun Life Regular Savings Fund: (Erstwhile Aditya Birla Sun Life MIP II - Wealth 25 Plan) An Open-ended income scheme with the objective to generate regular income so as to make monthly payment or distribution to unit holders with the secondary objective being growth of capital. Monthly Income is not assured and is subject to availability of distributable surplus.
10. Sundaram Rural and Consumption Fund: (Erstwhile Sundaram Rural India Fund) The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity related instruments of companies that are focusing on Rural India.
Conclusion
It is advisable to go for a fund manager who has been consistent over his career. As, a fund manager is responsible for making investment decisions for the fund’s portfolio, it becomes important to consider a fund managed by an experienced fund manager.
Also read: Benefits Of Having A Life Insurance Plan During Pandemic
