Depending upon your risk profile and longevity of holding period, you can chose between various debt, equity and balanced funds. 10 best funds available in the market today. The list has considered funds’ consistency over the long term, volatility, ability to deliver returns commensurate with risk levels, and investment style, and is a mix where to invest 10k short term pure equity, pure debt, and balanced funds.
This is a pure large-cap fund. Given that mid-caps are overheated and likely to correct further, sticking to large-caps is a prudent move. A quality large-cap fund, it beats the Nifty 100 index, the representative index for large-cap stocks, all the time in both the short-term and long-term. It is similarly consistent in beating category average. It maintains a higher-than-average risk-adjusted return.
While financials and energy are its biggest sectors, it also holds good exposure to automobiles and consumer durables, besides dark-horses healthcare and software. This fund is the best in its category in terms of consistency in beating the Nifty 500 index and category average. Being a diversified or multi-cap fund, it can provide a mid-cap exposure while keeping a control over risk. Its risk-adjusted return is also well above the category average.