Best Mutual Funds

Hi Pankaj,

Presently I have all my funds parked in bank FD, PO deposits, etc. I would like to invest Rs 25000 p.m. through SIP for 3 years in equity mutual funds with an investment time horixon of 5 years. Could you suggets some good funds?

Thanks a lot.

P.G

asked Jul 12 '11 at 13:42 by P_G05 1112


As you are a starter, I would advise you to invest in diversified mutual funds only.

Most of your investment should go into Large Cap equity mutual funds. As they invest into top companies and investment is less riskier than small and mid cap mutual funds. You may divide your 25000 per month investment into three parts. 15000 into large cap, 5000 into multi cap (mix of all large, mid and small cap) and rest 5000 into small and mid cap funds.

Some of the best such funds are: DSPBR Top 100 equity, Franklin India Bluechip and ICICI Pru top 100.

In Multi cap, you can pick from HDFC Equity, HDFC Top 200, Templeton India Growth, HDFC Growth and Reliance Regular Savings Equity.

In small/mid cap segment, you can pick form IDFC Premier Equity , ICICI Pru discovery, DSP Mid and small cap and Birla sunlife Dividend yield plus.

answered Jul 12 '11 at 20:00 by pankaj 5.2k320

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Asked: Jul 12 '11 at 13:42

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Last updated: Jul 12 '11 at 20:00