Need nifty 50 index mutual fund suggestion
So, I'm new to mutual funds. I already have an ELSS tax saver fund. Now, I'm looking for a type of mutual fund that provides stable returns, higher than what I'd get from a bank FD or RD.
Which will be good? is nifty 50 index fund? If it is good then in which should o invest. I need to pay home loan
Talking product sense with Ridhi
9 min AI interview5 questions
All nifty 50 mutual fund almost gives same returns i.e 13.5-14 %. So doesn’t make much difference if you pick any, try picking which has less exit load and is there in market from a long time.
Thanks for reply. Should i care about expense ratio or any other thing?
I'm thinking about UTI nifty 50
Yes go ahead UTI is old mf house. In it for long haul
For low expense ratio Nifty 50 funds, See Navi Nifty 50 Index Fund and Edelweiss Nifty 50 Index Fund. For High interest rate beyond FD/RD, you can choose secured bonds which give 9-11% available in Wint Wealth or Golden Pi.
Bonds are good but i can't invest right now significant amount. Significant amount is required for investing in bonds