These are Mutual Funds that invest in Debt Instruments with the aim of preserving the liquidity of the investment. The main aim here is to make money available to the investor anytime he/she wants and at the same time, try to generate decent returns for them. They usually invest in very short term debt securities.
Example:
a. Birla Sun Life Cash Manager
b. DSP Blackrock Liquidity Fund
c. HDFC Liquid Fund
d. etc
the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.
There are a lot of mutual fund houses in India. Some of the significant ones are:HDFC Asset Management CompanyICICI PrudentialUTISBISundaram BNP ParibasKotakReligare Asset Management CompanyReliance Mutual fundsPrincipal Mutual fundsetc.
There are numerous Mutual Fund Companies in India. Some of the prominent ones are:ICICI Prudential Mutual FundsHDFC Mutual FundsSBI Mutual FundsPrincipal Mutual FundsDSP Black Rock Mutual FundsReligare Asset ManagementReliance Mutual Fundetc
These are Mutual Funds that invest exclusively in Government Securities like Government of India Bonds, RBI Bonds etc.Example:a. Birla Sun Life GILT Plus - Regular Planb. ICICI Prudential Gilt - Investment - PF Optionc. etc
There are hundreds of mutual fund companies out there. Some of the best companies are Barons, Fidelity, and Mutual Funds of America to name a few.
According to a CNN report, some of the best mutual funds right now are American Funds American Mutual A and Sound Shore. Some others are T. Rowe Price Equity Income and Vanguard Windsor II.
These are Mutual Funds that invest in stocks of Infrastructure Companies in India.Example:a. Birla Sunlife Infrastructureb. Canara Rebecco Infrastructurec. ICICI Prudential Infrastructured. etc
These are Mutual Funds that invest in Stocks of Pharmaceutical & Healthcare companies.Example:a. Reliance Pharma Fundb. SBI Magnum Pharma Fundc. UTI Pharma & Healthd. etc
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. In this case, Equity Oriented Mutual Funds.Example:a. Quantum Equity FOFb. Kotak Equity FOFc. Principal Global Opportunities Fundd. etc
The Association of Mutual Funds in India provides support and professional development for those in the mutual fund industry. Some services provided include recommendation and promotion of best business practices.
Being a newbie, I would suggest you to approach some expert or some reputed financial services company providing mutual funds investment services. They will help you out in your mutual funds selection process based on your financial objective and risk-bearing capacity. Initially, it is wise to invest a small amount of money until you gain a grip over the market. Once you gain confidence in the the market moves, then you can invest on your own.