Investments in Mutual Funds

Hi Pankaj !

I have two LIC money back policies having a combine prm of Rs.30591/year. Now i want to invest in mutual funds (Rs.2000-2500/month). I am thinking of investing in HDFC Top200(SIP) or DSPB Rock. Please suggest me which of the above said mf would be better & secure ! Apart of the above MF, kindly suggest the MF that you think is the best one.

Regards, Gaurav

asked Oct 20 '11 at 11:49 by Gaurav 1111

Always we need to take some kind of risk while investing in the Mutual funds.

Large cap- icici prudential focussed blue chip/Franklin India Blue chip large cap and mid cap--- Hdfc top 200 Balaced-- Hdfc Balanced /Hdfc prudence.

You can take a term plan instead of paying this much amount of lic premium...

answered Oct 20 '11 at 20:42 by vignesh 94671323


I would advise you to go through below answers first and ask in case you still have some queries.

  1. Need best suitable Mutual Funds to invest amounts
  2. Financial Planning/review of profile
  3. Mutual fund investment and SIP

answered Oct 20 '11 at 20:29 by Pankaj Batra 5.2k320

@ vignesh @ pankaj Thanks to both of you for your valuable responses. I am thinking to invest in HDFC Top200 & DSPBR Top100 (Rs.2000/p.m & Rs.1500/p.m resp.). Please advise me the duration period for these . & should i take SIP for both of these. Also suggest if the above said amount is fine with both of the mutual funds ?? Please guide me coz i dont have any knowledge about mutual funds. Thanks & regards, Gaurav.
(Oct 21 '11 at 13:34) Gaurav
Both of these are good funds and fall into different categories, so you may go for SIP in both of these funds. Amount and duration will depend on your investment capacity. If you can keep paying, start with one year SIP and keep renewing thereafter if fund performance is still best among its peers.
(Oct 22 '11 at 17:40) Pankaj Batra

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Asked: Oct 20 '11 at 11:49

Seen: 2,173 times

Last updated: Oct 22 '11 at 17:40