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Thanks for your reply. Hello I have asked a question http://www.socialfinance.in/questions/1599/which-mutual-fund-shall-i-purchase-also-i-want-to-start-an-sip-is-it-a-good-time-to-invest and the specific question is that I am 28 years old and I want to invest in mutual funds and also interested in SIP investment.I want to know that which mutual fund or set of mutual funds I should start investing so that I can get some earning in long term. I have average risk appetite. |
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If you want to keep amount invested for atleast 8-10 years, we would advise you to pick best equity diversified mutual funds and start SIP in these. Pick one mutual fund from each of the below categories: Large Cap: DSPBR Top 100 equity, Franklin India Bluechip and ICICI Pru top 100. Multi Cap: HDFC Equity, Templeton India Growth, HDFC Growth and Reliance Regular Savings Equity Large & Mid Cap: Fidelity India Growth, ICICI Pru Dynamic Inst I, HDFC Top 200 and Canara Robeco Equity Diversified, Franklin India prima plus, Fidelity Equity, Birla Sunlife frontline equity and UTI dividend yield Mid and small cap: IDFC Premier Equity, ICICI Pru discovery Inst I, Birla Sunlife Pure value and Birla sunlife Dividend yield plus |
