Are you a newcomer to mutual funds? Take a look at these best performers!

Mutual funds are widely regarded as one of the most effective ways to gain exposure to the equity and fixed income markets. However, fund selection is always fraught with perplexity. Continue reading to learn more.

Mutual funds have proven to be one of the best ways for investors to gain exposure to both the equity and fixed income markets. Because this does not necessitate a thorough understanding of market cycles, economic cycles, market behaviour, technical analysis, and so on, the fund manager and his team perform this on your behalf for a fee. However, with so many funds on the market, it can be quite confusing for investors who are new to mutual funds.

As a result, in this article, we will list funds that may prove to be a good starting point. However, understanding market dynamics is important to some extent because it will help you understand which asset classes are more suitable to invest in right now.

For example, in the current market environment, buying units of equity mutual funds in phases is prudent. However, when the market begins to rise again, it is equally important to book profits in a staggered manner.

The following is a list of top funds to consider for new investors in the current market.