Investment is a process of wealth creation for man. Every wise person always thinks about, how he can boost his money. For boosting money he invests his capital in many ways. There are so many ways to invest in creating wealth. Among them, Mutual funds have emerged as one of the best investment options for the last few couples of years. If you are also in search of wealth creation, then read my article “Best mutual funds to invest in 2021″ till the end. I am sure, you will opt to decide the right one to invest in mutual funds with your suitable situations.
Mutual Funds in India
The industry of mutual funds in India are growing rapidly over the last decade. As of February 28, 2019, Rs. 23.16 trillion AAUM (Average Assets Under Management) recorded in The Indian mutual fund industry. Comparatively high from February 28, 2009, which stood at Rs. 5.09 trillion AUM. This indicates how significant the growth of AUM (Assets Under Management) in the period of last 10 years by the Indian mutual fund industries.
Best mutual funds to invest in 2021
Many people are showing interest as a good option for mutual funds to invest in today. But choosing a good type of mutual fund is a tuff one. As one invests money for a good return, he should analyze the past performance of mutual funds. If you are also interested in Mutual funds and bother about searching for a good mutual fund then don’t worry, I will help you in this context.
While choosing the right mutual funds to invest in, I usually take the help of two screeners. Those two are very easy to understand.
- The first one is from Moneyworks4me site, which looks like the following image. Select the reliable funds which are in green indicating “very good” by both quality and performance. Click here
2. The second one is from site, which looks like the following image. Select the reliable funds in category wise funds performance, which looks like the following image. Click here to analyze