Top 5 Long term Equity Mutual Funds to invest in 2019
Top 5 Long term Equity Mutual Funds to invest in 2019
The Rise of Indian Stock Market - India's Trade deficit is in favor of the Market as the imports were decreased in the month of February 2019. Moreover the market lifted by the Dollar-Rupee Change in the recent weeks.
As a Emerging economy, the Gross Domestic Product (GDP) rate is also satisfying, the Indian stock market has long gone towards good income growth. At the same time, some of the rating agencies have indicated that the Indian Market is at high or overweight. In the current situation, the market is likely to meet a small correction, and the growth will be healthy in the coming period.
Exposure to Market growth will be revealed in the shares of Good valued companies. All kind of stocks are likely be bullish in the Bull Market. However, in the long term the valued stocks will only benefit the Investor inn the Stock Market.
Stocks have long been a good source of income and the prospect of Adding Wealth. Moreover, the Financial goals for an Individual and Family should be planned and invested in stocks thoughtfully. Those do not have a time to invest in stocks for their Financial Goals, they can use Equity Mutual Funds for their Goal based.
The Stock Market growth story is generally reflected in Mutual Funds. Those with Short term needs, can invest in Liquid and Debt Mutual Funds. Have a Long term needs or Financial Goals, they can use the Equity based Mutual Funds to achieve their Financial Targets.
These are the Top 5 Equity based Mutual Funds for the Long term, to invest in 2019
- Axis Blue Chip Fund
- ICICI Pru Blue Chip Fund
- Mirae Asset Emerging Blue Chip Fund
- HDFC Midcap Opps Fund
- HDFC Top 100 Fund
These are the above funds which must be used for the long term Financial Goals. The Expense ratio of these long term funds are between 2 to 2.5 percent and the Exit load is 1 % if redeem within one year or 365 days. You can also see the table about how the returns are generated over a period of one year, Three, Five and 10 Years.
It is better to plan your Financial Goals and then invest in the funds in the presence of Suitable Financial Advisor or Planner.
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