Investing in the stock market can provide great returns over the long run, but only if you're able to pick the right stocks. The best companies to invest in for 2023 are those that have strong fundamentals, a strong business model, and a promising future. A well-diversified portfolio can help to minimise risk and maximize returns. There are many ways to invest in the stock market, but it's important to select a mutual fund that is best suited to your needs. If you're unsure about which type of fund to buy, check out a list of the top funds for 2023 from Forbes magazine. You may also want to check out FundSelect, PersonalFN's premium research service. One of the most important reasons to invest in a diversified equity fund is to take advantage of tax-saving benefits. The government enables you to deduct the amount you invest in ELSS (tax saving) schemes under Section 80C up to Rs 1.5 lakh per financial year. ELSS are open-ended schemes that are eligible for tax deducti...
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