Quick Answer: What Is The Best Investment Fund?

How much money do I need to invest to make $3000 a month?

In order to get $3,000 a month, you would potentially need to invest around $108,000 in a revenue-generating online business.

A growing online business is likely to give you more than $3,000 a month..

What is the safest mutual fund investment?

Overview: Best low-risk investments in 2021High-yield savings accounts. While not technically an investment, savings accounts offer a modest return on your money. … Savings bonds. … Certificates of deposit. … Money market funds. … Treasury bills, notes, bonds and TIPS. … Corporate bonds. … Dividend-paying stocks. … Preferred stock.More items…•Mar 1, 2021

How do I choose a good mutual fund?

How to Choose the Best Mutual FundIdentify Goals and Risk Tolerance.Style and Fund Type.Fees and Loads.Passive vs. Active Management.Evaluating Managers and Past Results.Size of the Fund.History Often Doesn’t Repeat.Selecting What Really Matters.More items…

What is the safest investment?

For example, certificates of deposit (CDs), money market accounts, municipal bonds and Treasury Inflation-Protected Securities (TIPS) are among the safest types of investments. Certificates of deposit involve giving money to a bank that then returns it with interest after a certain period of time.

Which investments have the best returns?

Here are 3 great options.U.S. Savings Bonds. U.S. savings bonds are one of the lowest risk investment types. … Savings Accounts. … Certificates of Deposit (CDs) … Invest in High Dividend Stocks. … Invest in REITs. … Invest in Crowdfunding Real Estate. … Invest in Corporate Bonds. … Invest in Forex.More items…•5 days ago

Which SIP is best for 5 years?

Best SIP Plans for 5 Years in Equity FundsAxis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. … ICICI Prudential Blue chip Fund. … SBI Blue chip Fund. … Mirae Asset Large Cap Fund. … SBI Multicap Fund.Feb 18, 2021

How can I double my money in one day?

Here are some best 5 ways to double your money fast.Stock Market. Investments made in the stock market have always given a high rate of returns to people. … Mutual Funds (MFs) … National Savings Certificates. … Corporate Deposits/Non-Convertible Debentures (NCD) … Kisan Vikas Patra (KVP)Apr 29, 2019

What should a beginner invest in?

6 ideal investments for beginners401(k) or employer retirement plan.A robo-advisor.Target-date mutual fund.Index funds.Exchange-traded funds (ETFs)Investment apps.

Which SIP gives highest return?

Best SIP Investment Plans 2021Fund Name3 Year ReturnsLinkICICI Prudential Value Discovery Fund-2.73%Invest NowNippon India Tax Saver (ELSS) Fund-11.38%Invest NowDSP Equity Opportunities Fund-1.23%Invest NowMotilal Oswal Long Term Equity Fund-1.75%Invest Now6 more rows•Jan 1, 2021

Which bank has best SIP plan?

ETMONEYTop Searched Funds:Axis Bluechip Fund.Mirae Asset Emerging Bluechip Fund.Axis Long Term Equity Fund.SBI Bluechip Fund.Aditya Birla Sun Life Tax Relief 96.SBI Small Cap Fund.ICICI Prudential Bluechip Fund.

What is the most aggressive mutual fund?

Top 10 Aggressive Mutual FundsFund NameCategory1Y ReturnsBNP Paribas Substantial Equity Hybrid FundHybrid45.8%Canara Robeco Equity Debt Allocation FundHybrid47.9%Mirae Asset Hybrid – Equity FundHybrid53.6%Kotak Equity HybridHybrid68.1%12 more rows

What should I invest 20k in?

How To Invest $20k: 9 Ways To Increase Your Money’s ValueInvest with a robo-advisor.Invest with a broker.Do a 401(k) swap.Invest in real estate.Build a well-rounded portfolio.Put the money in a savings account.Try out peer-to-peer lending.Start your own business.More items…•Mar 17, 2021

Which fund is best to invest in 2020?

Recommended FundsMirae Asset Large Cap Fund.Axis Bluechip Fund.Kotak Standard Multicap fund.Invesco India Growth Opportunities Fund.Kotak Savings Fund Growth.ICICI Prudential Savings Fund Growth.Mirae Asset Tax Saver Fund.Motilal Oswal Long Term Equity Fund.More items…

Where can I get a 10 return on my money?

Top 10 Ways to Earn a 10% Rate of Return on InvestmentReal Estate.Paying Off Your Debt.Long-Term Stocks.Short-Term Stock Trading.Starting Your Own Business.Art snd Other Collectables.Create a Product.Junk Bonds.More items…

Is SIP better or lump sum?

If you are an investor with a small but regular amount of money available for investment, SIPs can be a more suitable investment option. For investors with a relatively high investment amount and risk tolerance, lump-sum investments may be more beneficial.

What are the top 5 mutual funds?

Top 5 Biggest Mutual FundsVanguard Total Stock Market Index Fund Admiral Shares (VTSAX)Fidelity 500 Index Fund (FXAIX)Vanguard Institutional Index Mutual Fund (VINIX)Fidelity Government Cash Reserves (FDRXX)Vanguard Federal Money Market Fund (VMFXX)Jan 1, 2021

Where should I invest my money right now?

High-yield savings accounts. Online savings accounts and cash management accounts provide higher rates of return than you’ll get in a traditional bank savings or checking account. … Certificates of deposit. … Money market funds. … Government bonds. … Corporate bonds. … Mutual funds. … Index funds. … Exchange-traded funds.More items…