Income Mutual Funds 2020

India s top performing mutual funds are poised to deliver strong returns to investors in 2020.

Income mutual funds 2020. However the best monthly income plan is the one which offers maximum returns with minimum risk. However the most pertinent question among investors regarding mutual fund investment is which are the best mutual funds to invest. The best thing about mutual fund investments is that an investor can start an investment. Valuations in many categories have reached attractive levels after the market correction in 2018 opening up opportunities for fund managers.

Icici prudential bluechip fund is next in the list of best mutual funds for investment in 2020 21. Medium to long duration fund. 3 canara robeco bluechip equity fund direct plan growth. It is a four star fund with a history of a very good return.

This fund is suitable for investors who are looking to invest money for 3 4 years and looking for higher returns. It is an open ended debt scheme which invests in debt and money market instruments such that the macaulay duration of the fund is between 4 7 years. Hence investing in elss fund provide an opportunity to save tax and earn a return. The mutual fund has provided a higher return than other fixed income investment plan like fixed deposit saving account balance interest nsc ppf and others.

Two categories of mutual funds as defined by sebi can broadly fall into this category as per sebi classification of mutual funds the following two debt funds are income funds.