The first step in any financial journey is to understand how mutual funds function. A mutual fund is a type of investment in which a professional fund manager manages your invested money by investing on your behalf. There are a variety of mutual funds to choose from, and investors may invest in funds with investment objectives and risk levels that of their preference.
Since past couple of years the interest for mutual fund investment amongst the general public has grown exponentially. If you are a new investor who intend to invest in mutual fund or an experienced investor, there are a few mutual funds to look out for the 2022 that has the potential to give you maximum returns.
Here are some of the best mutual funds to invest in 2022.
Best Mutual Funds to invest in 2022
- Axis Bluechip Fund
- SBI Equity Hybrid Fund
- Invesco India Growth Opportunities Fund
- Parag Parikh Long Term Equity Fund
- Kotak Emerging Equity Fund
- Mirae Asset Large Cap Fund
- Tata Liquid Fund
- UTI Flexi Cap Fund
- Axis Midcap Fund
- Axis Small Cap Fund
- SBI Small Cap Fund
- Mirae Asset Hybrid Equity Fund
The above list of Mutual funds is carefully researched and selected to suit investors of any type to make a choice. An aggressive hybrid scheme best suits a relative beginner to mutual funds as the schemes are a mix of Equity as well as Debt Mutual funds. The volatility is somewhat evened out with a diversified portfolio and hence also suits conservative investors looking to make wealth over a long period of time.