I have been getting this question in my inbox and on Quora often. So I will answer the question but don’t expect a list of stock in the article to directly invest into.
When evaluating index funds, one has to look for the one that is best able to replicate the index and has a higher volume to execute the trades.
The best multi-cap fund for 2018 is a must-have mutual fund of every portfolio for a well-diversified portfolio and want to avoid the volatility of the Indian market which is expected in 2018 and 2019 as the election year.
Let us take a top-down approach to the top-performing mutual funds for the past 1 year and come up with the best ELSS tax saving fund to invest in 2018.
Choose the top performing funds of 2017 and nail down to see the one that can outperform the midcap index based on the consistent history of outperformance for an elongated period of time.