Do you remember the saying,‘Too many cooks spoil the soup’!
Well, this is exactly what’s happening with an investors mutual fund portfolio.
Investors today are constantly searching for funds that provide higher returns. In this process, they end up investing in 20-30 different mutual fund schemes. This leads to over-diversification which reduces the overall portfolio returns.
There are more than 29 different types of mutual fund schemes in India. Imagine if you were to invest in 1 scheme from each category. You’d end up investing in 29 schemes!
Managing such a huge portfolio is not possible for a common investor. Also, investing in more schemes does not guarantee higher returns.
So, which is the ideal way for investors to invest in best mutual fund schemes without overcrowding the portfolio?
RankMF’s Mutual Fund Baskets is the one-stop solution for all your financial needs.
RankMF’s mutual fund baskets are curated by experts and contain best schemes in line with your financial goals, risk profile, and time horizon.
Some of the most popular mutual fund baskets include:
- Tax saving basket
- Baskets based on Risk Appetite and Investment Horizon
- Retirement Focus Baskets
- Child Education basket and a lot more!
In this article let us explore various types of RankMF baskets in detail.
What are RankMF Baskets?
RankMF’s mutual fund baskets are handpicked by experts and contain the best mutual fund schemes. Each basket is carefully created after considering the following parameters:
- Investment Objective / Financial Goals
- Time horizon
- Risk Tolerance
This means that for every unique goal there is a unique pool of best mutual funds clubbed in a basket with perfect asset allocation aimed to achieve your financial goals.
Types of RankMF baskets
RankMF Basket #1. Target Corpus basket – Kaun Banega Crorepati?
The Target corpus basket helps you to achieve a corpus of 1 crore in a span of 5 years, 10 years, 15 years, 20 years and 25 years. Investment in the target corpus basket starts from as little as Rs Rs 2,500 per month.
The Target Corpus basket helps investors reach their targeted corpus at the end of a particular tenure.
| Target Corpus Funds | Minimum SIP Amount | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Target 1 Crore Corpus in 5 years | Rs 1,25,000 | 19.84% | 13.23% | 15.44% |
| Target 1 Crore Corpus in 10 years | Rs 40,000 | 17.77% | 12.37% | 15.03% |
| Target 1 Crore Corpus in 15 years | Rs 16,000 | 17.30% | 12.43% | 14.01% |
| Target 1 Crore Corpus in 20 years | Rs 6,250 | 17.26% | 11.37% | 14.01% |
| Target 1 crore corpus in 25 years | Rs 2,500 | 17.26% | 11.37% | 14.01% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here
Watch our video to understand the types of RankMF Baskets
RankMF Basket #2. Best Funds for Tax Saving – Tax Bachao Holiday pe Jao
Saving tax is always important for investors. Hence, RankMF has come up with an expert curated basket that helps you save tax and create wealth at the same time.
These baskets are segregated according to your risk appetite and have a lock-in period of 3 years. The maximum amount that should be invested for rebate under section 80C of the Income Tax Act is Rs. 1,50,000 and has a focus to create wealth while saving tax up to Rs. 45,000.
Also, as these are equity-oriented funds, they primarily invest in equity markets and help you achieve your objective of wealth creation.
| Risk Appetite | Minimum lump-sum Investment | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Best funds for Tax Savings – Conservative | Rs 2500 | Rs 2500 | 21.09% | 13.17% | 17.06% |
| Best funds for Tax Savings – Moderate | Rs 2500 | Rs 2500 | 21.09% | 13.17% | 17.06% |
| Best Funds for Tax Savings – Aggressive | Rs 2500 | Rs 2500 | 21.09% | 13.17% | 17.06% |
*The above information is as of 24 February 2021. To check the latest rate of returns – Click here
RankMF Basket #3 Time Horizon Funds – Samay Ke Saath
If you want a lump sum corpus within a specific time period, then time horizon funds are the best option for you!
Each basket is expertly pooled with quality funds across various asset classes which will help you earn superior returns within the specific time period.
So, if you want to buy a bike in 3 months or plan a grand wedding in 7-10 years, RankMF baskets have it all under one roof.
| Time Horizon | Minimum lump-sum Investment | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Best funds to invest for 1-3 months | Rs 12,500 | – | 4.50% | 6.31% | 6.71% |
| Best Funds to Invest for 3-12 months | Rs 10,000 | – | 5.90% | 7.24% | 7.22% |
| Best funds to invest for 1-2 year | Rs 12,500 | – | 8.59% | 8.51% | 8.45% |
| Best funds for 7 to 10 years | Rs 5,000 | Rs 5,000 | 18.01% | 10.51% | 13.37% |
| Best funds for 10 years – Moderate | Rs 2,000 | Rs 2,000 | 17.38% | 10.62% | 14.78% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here
RankMF Basket #4. Retirement Focus Basket for Life’s Second Innings.
RankMF’s Retirement Focus baskets are curated for you to have a peaceful retirement life. These baskets are well-diversified to contain a mix of debt, hybrid and equity funds. The aim is to generate superior returns with lower risk.
| Retirement Year | Minimum lump-sum Investment | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Retirement – 2030 | Rs 20,000 | Rs 4,000 | 26.18% | 16.10% | 17.54% |
| Retirement – 2040 | Rs 20,000 | Rs 4,000 | 28.91% | 11.76% | 14.23% |
| Retirement – 2050 | Rs 20,000 | Rs 4,000 | 23.17% | 13.92% | 17.25% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here
RankMF Basket #5. Funds based on Risk Appetite and Time Horizon
Whether you are a conservative investor or an aggressive investor, RankMF has an expert-curated basket for both types of risk profiles with different time horizons. These baskets contain a mix of debt funds, hybrid funds and equity funds.
So, it doesn’t matter if you want to start your own business in 5 years or make a downpayment for your dream home in 10 years, you can start small in these baskets with an SIP of just Rs 5,000 a month.
| Duration and Risk Appetite | Minimum lump-sum Investment | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Best Funds for 5 Years for Conservative Investor | Rs 25,000 | Rs 5,000 | 19.80% | 12.77% | 13.96% |
| Best Funds for 3 years for Conservative Investor | Rs 25,000 | Rs 5,000 | 17.42% | 11.20% | 12.46% |
| Best Aggressive Funds to Invest -10 years | Rs 25,000 | Rs 5,000 | 21.31% | 11.89% | 16.46% |
| RankMF’s Festive Funds Basket – 15 years | Rs 25,000 | Rs 5,000 | 23.95% | 14.79% | 17.99% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here.
RankMF Basket #6. Child Education Baskets
Investing for your child’s future education is an important decision for every parent. Instead of hunting for different investment options, you can invest in 1 basket starting from as low as Rs 12,500 a month.
These baskets take into consideration the possible corpus that you may need to send your child to a top International/Ivy League college in a few years.
As the period of investment is relatively longer, the basket focuses on creating wealth from equity schemes.
| Type of Education | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Post Graduation in 10 years for Indian College | Rs 20,000 | 23.96% | 13.59% | 17.01% |
| Post Graduation in 10 Years for International College | Rs 50,000 | 26.66% | 14.89% | 17.70% |
| Post Graduation in 15 years for Indian College | Rs 12,500 | 28.69% | 15.78% | 17.83% |
| Post Graduation in 15 years for International College | Rs 32,000 | 28.69% | 15.78% | 17.83% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here.
RankMF Basket #7. Basket of Fortunes – Apne Sapne Kare Sakaar!
The fortune basket has multiple types of funds in it like,
- Best emerging basket
- Tax super basket
- Best Hybrid basket
- Best Blue Chip basket and a lot more…
The funds in each basket are carefully selected to cater to the requirement of different profiles of investors.
| Basket | Minimum lump-sum Investment | Minimum SIP | Returns in 1 year | Returns in 3 year | Returns in 5 years |
| Best Emerging Funds | Rs 25,000 | Rs 5,000 | 22.43% | 12.65% | 18.31% |
| Tax Super Saver | Rs 50,000 | – | 24.00% | 14.91% | 19.13% |
| Best Hybrid Funds | Rs 25,000 | Rs 10,000 | 20.47% | 12.30% | 14.35% |
| Best Bluechip Funds | Rs 25,000 | Rs 5,000 | 18.86% | 13.34% | 17.08% |
| Best Focused Funds | Rs 25,000 | Rs 5,000 | 21.29% | 13.02% | 17.87% |
| Best Thematic Funds | Rs 20,000 | Rs 4,000 | 32.34% | 16.57% | 16.23% |
*The above information is as on 24 February 2021. To check the latest rate of returns – Click here.
To sum up, each of these mutual fund baskets provides you with a unique allocation of funds to fulfill your financial goal.
These funds are selected on the basis of RankMF’s superior proprietary research method which evaluates more than 2 crore data points on a daily basis. Before investing in RankMF’s mutual fund baskets, you need to know: All you need to do is decide these things beforehand,
- Your SMART financial goals
- Investment horizon
- Your risk profile (aggressive, moderate or conservative investor)
After you decide on the above parameters, open a free investment account online with RankMF and choose a basket of your choice to start your goal based investing journey!
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