help..Is this the right time to start SIP mutual funds for 3 years?



is this the right time to start SIP mutual funds for 3 years , as the market is going up every day I am planning to invest rs 1000 per month for the period of 3year in equity based mutual funds ( I wish to sell all units after 3 years ),please help me…how can i invest..and in which MF….plzz any predictor……

thnx

4 Replies to “help..Is this the right time to start SIP mutual funds for 3 years?”

  1. Of course the market is going up too steeply. I will tell you to wait and watch. The market is bound to make a temporary correction soon few months). At that point of time you can put your money in stocks through Mutual Fund SIP route.

    There are numerous mutual funds of DSP Black Rock, HDFC, ICICI which are all fantastic. Select a diversified equity fund and start investing.



  2. One cannot time the market. It is TIME in the market that is important. Equity is for the long term.

    Start SIP for 1 year. After 1 year review the performance and the rating of the fund before renewing for another year.

    After 3 years of SIP , wait at least for 1 year to withdraw . ( to avoid short term gain tax )

    Visit http://www.valueresearchonline.com to understand mutual funds.

    You can invest in HDFC TOP 200 / DSPBR TOP 100






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