Query for Mutual Fund SIP

Hi, I am investing total 20000/- per month 2000/- each in below 10 Mutual Fund through SIP , can you please let me know that my investment is in right direction or I have to change in it. I started this investment since sep2010 for my son education , he is 4 years old now and after 12-13 years I need some good money for his education. Now I am thinking that may be I should select only 4 or 5 best fund and invest 20000/- only in these funds, Pls advice.

Birla Sun Life Frontline Equity

Birla Sun Life Mid Cap

DSPBR Top 100 Equity Reg

HDFC Equity

HDFC Top 200

ICICI Prudential Dynamic

Reliance Equity Opportunities

Reliance Growth

Sundaram Select Midcap Reg

SBI MAGNUM CONTRA FUND
BR//Rajeev

asked Apr 25 '12 at 20:10 by rajeevranjan51 11


You can invest by choosing one fund each from each category of Large cap, Mid and Small Cap, Multi Cap, Large & Mid cap.

Also don't invest whole amount into equities only. Invest 20-30% into PPF or other safe investments too.

Also, please read responses to similar questions asked earlier:
mutual fund investment and SIP
Need best suitable Mutual Funds to invest large amounts

answered Apr 25 '12 at 23:13 by Pankaj Batra 5.2k320

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Asked: Apr 25 '12 at 20:10

Seen: 962 times

Last updated: Apr 25 '12 at 23:13