Moneymantra

Before starting with the topic, first let us know and have a basic knowledge about, what is mutual funds. Mutual fund is an investment fund that pools money from many  investors to purchase securities and it is an open end professionally managed fund.   Mutual fund is  formed when an asset management company (AMC) pools investments from various individual and institutional investors to purchase securities.  The asset management company ( AMC), they have fund manager to manage investments from investors. If we say in short, mutual funds club investment from different and various investors to invest their money in bonds, stocks etc. Now, by the above mentioned definitions, we can have some knowledge about mutual funds. So, what are the best mutual funds to invest in 2021. Let's have a look: • Axis Bluechip fund Fund type- large cap AUM(crores)- Rs.12,717 3 years return- 8.25% Shreyash Devalkar is the Current Fund Manager of Axis Bluechip Fund Direct Plan Growth fund. ...

1. What is mutual fund    Mutual funds is basically a professionally managed funds where a professional fund manager takes your money to invest in share market. In simple words if you don't have any knowledge about share market then you should invest through mutual funds. There are 2000+ funds available in the market. Suppose if you choose the worst funds and stay invested for 7-8 years then also you will not loose your money infact you will get higher return than fixed deposit. So don't worry about mutual funds. If you choose best funds among those funds then you will definitely get 20% or above return if you stay invested for long term. 2. How mutual funds works    Mutual fund manager takes your money and invest your money share market. They have their team to analyse the market and they charge little percentage from your money. So you don't need to track your funds because your fund manager is there to take care of your money.  They are professionals with out...