Top 10 Best Mutual Funds for SIP to invest in 2018 – DIY
Do-it-yourself (DIY) investing, self-directed investing or self-managed investing is an investment approach where the investor chooses to build and manage his or her own investment portfolio instead of hiring an agent, such as a stockbroker, investment advisor, private banker, or financial planner.
Every investor has a motivation to invest depending upon their various needs and financial objectives. There is no one answer to all. Keeping in mind the end goal to take into account an extensive variety of financial specialist prerequisites, different sorts of common assets classes are intended to permit speculators to pick a plan in light of the hazard they will take, the investable sum, their objectives, the investment term, and so on.
For instance, a youthful financial investor may go out on a limb and decide on a value-based equity mutual fund, while a retired investor may shift towards debt-based mutual fund with negligible exposure to equity .
Likewise long-term investors might take SIP path and receive the rewards of staying contributed for longer duration, while institutional investor may very well channelize his fund towards Debt with slight exposure to Equity funds.
Mutual Funds permit financial investors to spread their investments across different asset classes based on his age, Risk taking factor and his financial goal.
Below are the Top 10 Best Mutual Funds for SIP to invest in 2018 for Do It Yourself Method even after Demonetization.
Figure: List of Best & Top Mutual Funds to invest in 2017 & Further
I have considered various Factors (Alpha, Beta, Sharpe Ratio, Standard Deviation overall Risk grades of fund, Very Good Past Track Return record etc) for short-listing above top 10 consistent performing Equity mutual funds that can be considered in 2017 and henceforth.
My Portfolio incorporates all the first ones from the five categories. As said it is difficult to filter best funds for Do-It-Yourself investors but also to be with the best consistently. For whatever time allotment that your general portfolio returns are as per your wishes, remain contributed with your present funds however in the event that you are researching for 2017 and beyond you can indiscriminately begin off with these funds.
In my next article I will write about how to gain maximum returns with these funds with above inflation and benchmark.
Generously share your perspectives and comments on the above top MF list.