Now as the market is volatile and most of the equity funds are giving single digit returns. So most new investors, especially those who have started investing recently, are discouraged.
Every investor expects double digit or very high returns from their investment schemes. One of the reasons for this is that many new investors start investing when the markets are booming today, especially equity mutual funds which have started offering very high returns.
Recently Grisal Ratings published 4 mutual funds that are suitable for low market risk investments. About its lists can be found here.
1. HDFC Top 100 Fund
2. HDFC Tax Saver Fund No
3. HDFC Flexi Cap Fund
4. HDFC Focused 30 Fund
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.