Which are some of the best mutual fund schemes to invest in when you are looking for a higher return..
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If you are looking for a higher return, you must understand the cost it comes at. If you are not comfortable with the probability of losing money, then you should bid goodbye to good profits. You can achieve high returns without risk but it will not be comparable to the riskier investments.
Also, be willing to part with your investment for a good amount of time. Usually the longer you invest for, the better your returns will be. Small cap and mid cap funds are risky but you can profit well off it over time. The most suggested funds are
DSP mid cap funds
L&T mid-cap fund
ICICI Prudential Equity and Debt funds
Axis Bluechip fund
Mirae Asset Hybrid Equity fund
Even though these funds are well reputed and provide consistent results, it is viable to do your own research before investing your hard earned money.
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