3 Best Mutual Funds to invest in 2023

 This blog will help you to choose the best Mutual Fund out of 3 in which you can start investing from today. The last one will help you to save TAX up to 1,50,000. The listed mutual fund names are not sponsored and are based upon my research. Start investing today to take your first step towards financial freedom.

Click here to know all about mutual funds.

Top 3 mutual funds in which you can invest are:

1. Index Funds

Index Funds are such mutual funds which are directly linked with our stock market. These have been providing a stable growth but are bit riskier. These have been providing a CAGR of 12.3% over past 5 years. Monthly SIP of 10,000 can become 1 crore in 20 years. 

Best index fund to invest in 2023: ICICI Prudential Nifty 50 Index Fund Direct Growth


2. Debt Funds

The fund houses invest your money on such platforms which generate fixed interest like corporate bonds, government bonds, sovereign debt sectors and many more. These are considered much more safer when compared to index funds. 

Best debt fund to invest in 2023: ICICI Prudential Equity & Debt Fund Direct Growth

3. ELSS Tax Saver Funds

The full form of ELSS is Equity Linked Savings Scheme. In these funds, the investors can save tax up to 1,50,000 (1.5 lakhs) under the income tax act, 80C. These are also providing consistent returns over past 5 years. You can invest in ELSS funds directly through Zerodha, Fyers and many other brokers. Every ELSS fund has a lock-in period of 3 years which is totally worth and better than fixed deposits (FDs).

Best ELSS tax saver fund to invest in 2023: Canara Robeco Equity Tax Saver



Click here to know more about expense ratio, exit load and interest of various mutual funds.

To start investing, open your account today itself with any broker like Fyers, Zerodha, Upstox, etc. I will recommend opening your account with Fyers as it has many other stock market trading benefits. Before investing kindly consult your advisors.

Link for opening your account with FYERS.

Link for opening your account with Zerodha.

Link for opening your account with Upstox.

Link to join my Telegram group to so that you don't miss any finance related blogs in future.

https://t.me/multiplyingmoneymadeeasy


ACTION STEPS:

START investing today in any of the mutual fund listed above.


I wish you a very bright and financially free future. Kindly share this useful blog with your family and friends. Keep coming back for more such financial blogs.

Information sahi milegii yhi


Location: Mumbai, Maharashtra, India

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