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Do you know anything about MF. Any idea about growth fund, dividend type ? Equity /balanced/hybrid fund ?? If the market direction is not clear , it is dengerous to go for short term. For pure equity/balance fund you should go for 3-5 yrs to get good profit. That to SIP route not one time. For short term you can go only debt fund where profit are less.
For equity you can consider:
HDFC prudence -Balanced fund
Reliance growth fund- Mid cap but mixed type
HDFC top 200 – Large cap
HDFC equity- large cap
DSPBR- top 100 -Large cap
Franklin India bluechip – Large cap fund
Sundaram MID Cap fund
ICICI pru dynamic fund
Birla sun life equity fund
HDFC tax saver is good fund-ELSS scheme
HDFC MIP plan is 80 % debt and 20% equity
Reliance MIP plan same as above
At this stage market is very volatile and high. So go for SIP route.Not for lump sum money. Other wise you may loose money. You can spent Rs 5000 to buy fund at first and later go for SIP per month for Rs 1000. Don’t go for more than 3-5 funds.
Let me know if you have any more queries
HDFC Equity Fund
Reliance Diversified Power Sector Fund
Kotak Opportunities Fund
these are fantastic GROWTH FUNDS
but you invest with SIP ( systematic investment plan )
Some of the best plans are:
ICICI Prudential Short Term Plan – Growth
HDFC Short Term Growth Plan
HDFC Short Term Monthly Dividend Option
HDFC Short Term Quarterly Dividend Option
Reliance Short Term Fund-Dividend Re-investment Plan
Reliance Short Term Fund-Growth Plan
Reliance Short Term Fund-Quarterly Dividend Plan
you can invest anywhere between 1 year to 3 years in them.
They sure are good profitable funds!and the minimum investment is 50,000!
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