2006-12-07 04:04:30 · 9 answers · asked by viru 1 in Business & Finance ➔ Investing
The ratings of mutual funds keep changing. What is best today maynot be tomorrow. You much check the track record and 3-year returns generated by the MF.
Also, you muct look at returns generated during bear markets and during sharp corrections of the market.
By these standards - HDFC MF scores best.
Stay invested for long term in SIP (systemic investment plan) based Equity oriented fund. For tax benefits you can also consider HDFC Tax Saver or HDFC Long Term Advantage funds.
2006-12-07 04:13:18 · answer #1 · answered by Kamesh 1 · 0⤊ 0⤋
Tata Infrastructure
Sundaram Select Midcap (G)
Reliance Growth Fund (G)
Pru ICICI Infrastructure (G)
Magnum Contra Fund (G)
Franklin Prima
You can also check out indiainfoline.com for listing, or consult Capital Market magazine.
2006-12-07 12:30:48 · answer #2 · answered by mms 2 · 0⤊ 0⤋
A financial advisor would be the best person to consult according to your expenditure bracket, time, etc.
however some good companies that keep floating newer issues can be:-
HDFC, ICICI Prudential, DSP Merril Lynch, Fidelity, Birla Sunlife, Morgan Stanley, ABN Amro, Franklin Templeton, Standard Chartered, State Bank of India, Cholamandalam, Kotak Mahindra, Reliance, HSBC, LIC
2006-12-07 12:32:05 · answer #3 · answered by raindrops 5 · 0⤊ 0⤋
Sundaram Select Midcap (G)
Reliance Growth Fund (G)
Pru ICICI Infrastructure (G)
Magnum Contra Fund (G)
At present these are the best funds in Equity
2006-12-07 12:18:15 · answer #4 · answered by good boy 1 · 0⤊ 0⤋
I own the Sudder Latin America fund and that mutual fund rocks. Great returns so far this year.
2006-12-07 14:20:20 · answer #5 · answered by Anonymous · 0⤊ 0⤋
it is impossible to find the 'best' funds but I would suggest one that has a good track record - try looking at the vanguard site - no charge and low overhead- they have a mixture f funds that are both stocks and bonds because when stocks go down the bonds go up and visa versa
2006-12-07 12:08:42 · answer #6 · answered by ekleinert 3 · 0⤊ 0⤋
It is very difficult to interpret "good" in your question.
Depends whether your objective is Tax saving , growth or Security.
If Tax saving is your criteria then go for
HDFC Taxsaver or Magnum Taxgain
For growth: Reliance Growth Fund
For security: go for debt oriented funds
2006-12-07 22:20:31 · answer #7 · answered by Pooja Bedi 3 · 0⤊ 0⤋
What is the best for you could be the worst for me.
How long are you holding your mutual funds and how much risk can you take?
2006-12-07 15:14:21 · answer #8 · answered by Anonymous · 0⤊ 1⤋
dsp merrill lynch small and mid cap fund(g).
2006-12-07 12:35:29 · answer #9 · answered by rajesh 1 · 0⤊ 0⤋