When you receive your salary, make sure to invest before you start spending. Investing for the future is a prudent decision. Fortunately, investing as a habit is very popular in India. Unfortunately, Indians have invested primarily in gold and fixed deposits. There are many investment options that are better than gold and fixed deposits. Gold has barely gained any value in the last few years while fixed deposits yield around 6.5% before being taxed.

Mutual funds are a great option to invest in. There are different types of mutual funds that are ideal for different durations of investment with varying levels of risk.

Mutual Fund: Short Term

Franklin Low Duration Fund 

franklin india low duration fund

Mutual Fund: Mid Term

Reliance Regular Savings Fund

Reliance Regular Savings Fund

Mutual Fund: Long Term

Motilal Oswal MOSt Focused 35 Multicap Fund

Motilal Oswal MOSt Focused 35 Multicap Fund

Investing in mutual funds online is now as easy as shopping online. Log on to Grow today!

Happy investing!