Shopping for Mutual funds? Here are IIFL's top mutual funds picks and portfolios for September
Updated : 2020-09-09 13:38:56
An IIFL Securities report advises long term equity investors to adopt a bottom-up approach while selecting companies and invest only in quality stocks in a staggered manner over the next few quarters. Investors with a low-risk appetite for direct equities can continue to invest in equities through mutual funds route and such investors are also advised to top up their SIP amount to bring down their average cost, it added. Meanwhile, it suggests debt investors to shift to shorter or lower duration debt instruments as there is very limited scope for the RBI to cut rates. IIFL has listed its top equity, and debt mutual fund picks for June and also suggested three different MF portfolio strategies for investors.