where to invest in Mutual Funds ?.?

I have to invest 1000 + 1000 per month in MF for 5 years and more.

which are good in these ?.

Sundaram Select Midcap – Growth
Reliance Equity Opportunities Fund – Growth
HDFC Mid-Cap Opportunities Fund – Growth
Reliance Banking Fund – Growth
Reliance Pharma Fund – Growth

Age : 29

Rate these answers

8 Replies to “where to invest in Mutual Funds ?.?”

  1. Dear reader,

    Mutual funds trade in equities, but give out very very tiny profits to investors.
    Its better if you go for Gold ETFs, they are also type of Mutual funds, but you can buy & sell them in real time. NAV is informed daily, good volumes & they are backed up with real gold. You can redeem your units for real gold!
    In an average, they give 1.5% per month. If prices fall, in 3 months, they come back.
    Every year Gold ETFs see a new high.

    I have seen people paying SIPs of Rs.10,000/- monthly for 8 years, but still they are in loss.

  2. The real answer is derived by asking more questions. What is your time-frame for using the money? How much risk are you willing to take? Do you want access to the money in case of emergencies or can you afford to lock it away for years? Are their particular investment sectors that you want to capitalize on? Selecting investment vehicles is very similar in concept to selecting an actual vehicle. There are a lot of good choices out there. The best choice for you depends on how you plan to use it.

    Sorry my answer isn’t more specific, but a specific answer given the details you’ve provided would be based upon my prejudices and not yours. There’s just not enough information to answer your question effectively.

  3. Well made analysis buddy… I m very much impressed the way you have thought of investing the hard earned money… for more information about safest investment options in India, you can visit http://www.nsebse.com, where my blog has been published….

  4. Have a few suggestions for you. My intent is to teach you how to fish, rather than hand you over the fish. If you learn the game yourself, then it will help you in future (you can make a decision next time instead of asking the forum).

    Read http://www.wisdomtimes.com/how-to-choose-a-mutual-fund-2/ for further details

    1. Again try to invest more than the 2000 you have planned if possible every month
    2. Avoid sectoral funds (any fund that says banking, pharma, etc). Invest only in equity “diversified” funds

    Good luck !!

Leave a Reply

Your email address will not be published. Required fields are marked *