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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.

 Equity Mutual Funds:  In this category, IIFL recommends Mirae Asset Large Cap Fund, IIFL-focused equity fund, Kotak Standard Multicap Fund, Axis Midcap Fund, and Nippon India Small Cap Fund. These funds have given a 5-year return of between 8.8-10.4 percent.
Equity Mutual Funds: In this category, IIFL recommends Mirae Asset Large Cap Fund, IIFL-focused equity fund, Kotak Standard Multicap Fund, Axis Midcap Fund, and Nippon India Small Cap Fund. These funds have given a 5-year return of between 8.8-10.4 percent.
 Debt Mutual Funds:  IIFL recommends Nippon India Liquid Fund, SBI Magnum Low Duration Fund(G), ICICI Pru Corporate Bond Fund, IDFC Bond Fund- Short Term, and Axis Banking & PSU Debt Fund. All these funds have delivered returns between 5-10 percent in the last 1 year and have been positive on a 3-year as well as a 5-year basis.
Debt Mutual Funds: IIFL recommends Nippon India Liquid Fund, SBI Magnum Low Duration Fund(G), ICICI Pru Corporate Bond Fund, IDFC Bond Fund- Short Term, and Axis Banking & PSU Debt Fund. All these funds have delivered returns between 5-10 percent in the last 1 year and have been positive on a 3-year as well as a 5-year basis.
 Aggressive Model Portfolio:  The objective of the strategy is to generate substantial wealth in the long run for investors from a portfolio of aggressive equity-oriented mutual funds. The strategy takes a concentrated position in mutual funds across different market-cap and sectors and endeavors to strategically change allocation between different market-cap and sectors depending on change in the business cycles.
Aggressive Model Portfolio: The objective of the strategy is to generate substantial wealth in the long run for investors from a portfolio of aggressive equity-oriented mutual funds. The strategy takes a concentrated position in mutual funds across different market-cap and sectors and endeavors to strategically change allocation between different market-cap and sectors depending on change in the business cycles.
 Moderate Model Portfolio:  The objective of the strategy is to generate long term capital appreciation for investors from a portfolio of equity-oriented mutual funds with moderate risk appetite, primarily to beat inflation without having too much volatility, IIFL noted.
Moderate Model Portfolio: The objective of the strategy is to generate long term capital appreciation for investors from a portfolio of equity-oriented mutual funds with moderate risk appetite, primarily to beat inflation without having too much volatility, IIFL noted.
 Conservative Model Portfolio:  The objective of the strategy is to generate long term capital appreciation for investors from a portfolio of equity and debt-oriented mutual funds primarily to avoid any potential loss and preserve capital.
Conservative Model Portfolio: The objective of the strategy is to generate long term capital appreciation for investors from a portfolio of equity and debt-oriented mutual funds primarily to avoid any potential loss and preserve capital.
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