Plz help me to choose best mutual fund for me.?

I want invest through SIP of Rs.1000 PM for next 5 yrs having withdraw facility and regular or good returns.

I am purposely giving you a slightly broader context, in how best to put your money to work for you. And there are specific answers to your best MF query too. But please set the context right, first.

There is nothing like starting early, in your investing life and use the power of compounding to your advantage. To understand power of compounding, consider this excellent article at http://www.valueresearchonline.com/story/h2_storyView.asp?str=4007

Next, you can invest in a mix of the following strategies, depending on your investing risk profile, as indicated below. Invest only those funds that you do not need. Get in the habit of saving 30-35% of your salary regularly. Create an emergency fund, roughly equal to 4-6 months of regular monthly expenses. Once this is covered, you may have funds that you will not need say for next 3-5 years for regular or emergency expenses. Use these funds to invest wisely. You need to remain invested for the long term, since you want capital growth.

Conservative Risk Profile (you seem to be of this type; someone who wants his principle to be secure and is looking for a decent growth over the long term)

1. PPF (Public Provident Fund) - account can be opened with any State Bank of India branch. This gives you a compounded 8% return per year, is currently tax free, and is the safest instrument available. Invest 50% of sparable funds in that

2. A Balance fund like HDFC Prudence Fund - This Mutual Fund invests in both equity (65%) and debt (35%) instruments. This is one of the safest funds with a great track record of over 14 years, and has been giving a compounding return of around 20-25% per year. This fund has one important virtue: it manages to lose less than the category average in periods of downside. Couple this with its tendency to top charts & you get a safe & sure fund in HDFC Prudence. Invest 30% of the funds in HDPC Prudence.
check out HDFC Prudence fund analysis at
http://www.valueresearchonline.com/funds/fundanalysis.asp?schemecode=600

3. Equity Diversified MF -like SBI Magnum Contra, Reliance Growth.
These are funds having a very good long term record in delivering great returns with low to average risk. They have figured among the top fund ratings for a very long time. Invest the balance 20% in funds like these
Check out more on the top rated funds at http://www.valueresearchonline.com/toprated.asp

Moderate Risk Profile (someone who can take a little more risk with some of his money)
PPF -40%; HDFC Prudence -30%; SBI Contra or Reliance Growth fund -30%

Aggressive Risk Profile (someone who can take higher risks with some of his money)
PPF-20%; HDFC Prudence -30%; SBI Contra or Reliance Growth - 50%

Have a look at the following links. They will help you decide which fund to invest in

http://www.moneycontrol.com/india/mutualfunds/bestfunds/21/40/detailedview
http://www.valueresearchonline.com

You can use google to look up ratings on different mutual funds. A number of publications publish their ratings/surveys on a regular basis.

To help you get started, here's a link to the search I made on mutual fund ratings on google:

http://www.google.co.nz/search?q=mutual+fund+ratings&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Hope this helps. Click on my avatar on the left to get my contact info if you need more information on this.

Mirae Asset India Opport & Sundaram Capex opport
is a very good fund to invest through SIP for Rs 1000/-only

Plz check out the http://marketlive.in/mutual-funds-main.php

They have a fairly good knowledge on it.... They wil help you out to choose best mutual Fund.

Pankaj,

Investing Mutual Fund through SIP is a good idea. Presently you have only 1000 per month to SIP so you should be careful when considering the fund. You should go for a fund which is a consistent performer in the past, present and should be in the future.

You can go for a good Equity fund and below are some well performing equity funds:

SBI Magnum Contra
DSP Merry Lynch Opportunities
Sundaram Select Focus
ICICI Prudential Infrastructure

You can expect good returns from these funds. But receiving returns as per your selecting any of the below options:

If you want income time to time when they declare a dividend, select Dividend option when applying

If you require money at the end of your final SIP after 5 years, select a growth options

These are the two options but I am missing the Dividend Reinvestment option purposely because you don't required that.

Should monitor the fund performance time to time. it is better to have a portfolio of five good funds other than considering a single fund for long term. Instead, start SIP with a fund this year for next 12 months and start another one by Next year for next 12 months and so on. After 5 years, you will get a portfolio of good funds as well as get safety from possible under performance of any funds in the future.

As a tail, below are some funds comparatively new with the above mentioned but shown good performance and possible better prospectus in the future:

1. JM Emerging Fund
2. SBI Magnum Comma Fund

Have a study of this fund before investing. Investing without self study and following some one's advice is not at all recommended and the style for a good investor. Have a well study and research before taking any actions.

Thinks wisely and act as per that. Be a good citizen and good investor.

Best wishes..

Find out best performing funds in Diversified Equity fund category. This can be done by checking the performance of a fund over 1 year, 3 year and 5 years horizon. Double check this performance from at least 2 to 3 different sources regarding returns in percentage. The returns figure you need to look at is Annualized compounded return rather then Absolute return
You can check them From website such as
1)moneycontrol.com
2)valueresearch.com
Few of the top performing funds over the years.
a) SBI contra Fund
b) HDFC Top 200 Fund
c) HDFC Equity Fund
d) UTI MasterShare
e) Reliance Growth Fund
f) Reliance Vision Fund

Review your portfolio once in six months.

Happy Investing !
If you want more information than visit
www.MFexpert.com
OR you can also E-mail us at jain_daksh@yahoo.com

MUTUAL FUNDS R SUBJECTED TO MARKET RISKS SO READ THE OFFER DOCUMENT CAREFULLY!

when u have a quote along with any agrrement how would u dare to involve in such a deal.Its like we will take ur children for school excursion and if anything happens to ur child we r responsible says few schools.

rather trying to invest in mutual funds u can use add extra 200 ruppees and buy 1 grm gold coin every month and i hope u surely understand the gain we have with gold.this is wat i will do.

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