2007-01-04 02:16:23 · 6 answers · asked by manid 1 in Business & Finance ➔ Investing
i would say that your question has been framed wrong. it should have been "can u suggest me which is the best mutual fund?"
SIP, systematic investment plan, is a method of investing into mutual fund, wherein you may make small investments. for example, if you have planned to invest Rs.6000/- this year, you may make it in different ways as Rs.500 x 12, Rs.1000 x 6, Rs.1500 x 4 etc. the purpose of SIP is to regularise your investments with small amounts. SIP is available with all mutual fund schemes. the decision you need to make is to choose the best mutual fund scheme based on history.
2007-01-04 02:26:25 · answer #1 · answered by Adam Love 2 · 0⤊ 0⤋
ANY well diversified equity fund which is invested for a span of minimum five years will give u good returns . But still just to minimise the risk put minimum amt that is five hundred in different funds . the beauty of this investment plan is we could start investing at any point of time
2007-01-04 10:42:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I think you should find the answer yourself at www.moneycontrol.com. If you find the answer, you will believe in it, and you will stick with it.
Sort the funds based on any criteria and you will have the answer in less than 2 1/2 minutes!
I am in Reliance, SBI and Sundaram every month for ever!!!!!
Good luck.
KKP_Investor
2007-01-04 17:29:39 · answer #3 · answered by KKP_Investor 3 · 0⤊ 0⤋
sundaram mid-cap & icici power.
2007-01-06 01:46:55 · answer #4 · answered by mory k 3 · 0⤊ 0⤋
icici dynamic is very good
2007-01-04 20:33:06 · answer #5 · answered by keral 6 · 0⤊ 0⤋
HDFC!!
2007-01-04 10:20:37 · answer #6 · answered by Arvind N 1 · 0⤊ 0⤋