How Mutual Fund Investing is becoming simpler and hassle free

Mutual fund investments used to be a tedious process few years back.  It involved numerous visits to the adviser's office, lengthy paperwork & payment formalities. Financial service providers eventually invested heavily in technology to make investment easier and reduce the monotony of the process. However, one thing digitization and technological advancement cannot solve is the dilemma of choosing the right scheme to fulfill your investment goal. To deal with this everlasting problem, ICICIdirect, has introduced “One Click Investment” a one stop solution for all your mutual funds investing needs. With One Click, investors can choose from 6 thoughtfully researched baskets of Mutual Fund schemes, which are carefully curated to help you power your investments.

There are several categories of portfolios depending on mix of equity and debt exposure to choose from, ranging from 100% debt to 100% equity.

The investment baskets offered under One click are described below. The investor can choose the best basket as per his/her financial goal.

Mutual Fund Schemes that outperformed SENSEX and NIFTY in H1 2012

Reliance Mutual Fund's Reliance Banking Fund (Growth) and Reliance Tax Saver (ELSS) Fund (Growth) have outperformed benchmark indices Sensex and Nifty by huge margins with year-to-date returns of 28.35% and 25.12% respectively. Sensex and Nifty have gained 12.78% and 14.16% respectively since the beginning of 2012. 

Apart from the above two ICICI Pru Discovery Fund (Growth), Reliance Equity Opportunities Fund (Growth) and IDFC Sterling Equity Fund (Growth) has delivered returns in excess of 25% so far this year.In total there are 38 mutual fund schemes which have given better returns than the benchmark indices Sensex and Nifty so far this year.