Choose Top Rated Funds

I need to invest Rs.1 lakh/- per month in SIP, which is the best SIP fund for better return?
- Nikhil Aggarwal
You should choose few well rated diversified equity fund and invest regularly. My choice will include Birla Sun Life Equity, DSPML Equity, HDFC Top 200, Magnum Contra and Kotak 30.

I am currently working with a monthly income of Rs 23000/- . Can you please suggest investment options via SIP in Mutual Funds? Which are the best funds and how much amount should I look at investing to start off with?
- Bhavna Kriplani
Decide on how much you can invest every month and invest in few well rated diversified equity funds. My choice will include Birla Sun Life Equity, DSPML Equity, HDFC Top 200, Magnum Contra and Kotak 30.

I have always heard financial experts view that we should avoid investment in ULIPs. But the Young star plan by HDFC is giving tipple benefit including mediclaim, insurance and unit linked income. I think this is a good option for investment. What would you suggest? I am 40 years old and have one daughter (9 years old).
- Nitin Kumar
Never mix insurance and investment. ULIPs have high associated initial charges which eat up your return. It's better to invest in mutual funds for investment purpose and fulfill you insurance requirements by buying a simple term insurance. For health insurance buy a mediclaim policy which could cover your entire family.

I invested Rs 50000 in equities and the current value is Rs 20000. What should I do now? I wanted to earn Rs 4000 per month but I did not expect this. Please advise me.
Investing directly in equities is not advisable if you do not have the expertise of managing an equity portfolio. You should invest via mutual funds for investing in stock market. Now that you have invested, be patient and let the markets recover. If you have invested in a good company/mutual fund, you would eventually recover your money with time.

I want to invest Rs 1000 pm through sip in Reliance Regular Saving Equity Plan. Is it adivsable?
- Amit Pokhrel, New Delhi
SIP technique is the best way of investing in equity mutual funds as it helps you average the cost of your purchase over time. Choose a well rated diversified equity fund and start. Reliance Regular Saving Equity has done well and you can start investing in the fund via SIP. But as the fund is not very old, review its performance every 6 months.

I am 19 years old and have Rs 20000. Should I invest Rs 10000 in Sundaram BNP Paribas Capex Opportunities fund.
- Jigmet, Leh
Sundaram Capex has done well but it is a sectoral fund which invests in capital good sector. Its an aggressive pick for its thematic portfolio and will be more volatile than diversified equity funds.

I have invested in Reliance Vision Rs 87000 Hdfc Equity Rs 50000, Hdfc Tax Saver Rs 44000, Birla Sunlife Equity Rs 30000, Sundram Select Midcap Rs 43000. Is this a good Investment?
Yes. This is a good portfolio of funds. All are well rated, well performing mutual funds. You can hold these for long term.

I am a CA student and I have a saving of Rs 1000 every month and to invest in mutual funds. Please give your suggestions with full procedure.
Opt for well rated equity diversified funds and invest Rs 1000 via SIP. Some good options are Sundaram Select Focus, Reliance Vision, Kotak 30 or HDFC Equity. You can invest directly by approaching the fund house or contact a mutual fund agent.

I am unemployed and want to start a micro sip. I want to take minimum risk and want maximum return in future. Please suggest.
- Chandan kumar Bannerjee, Burdwan, West Bengal
Micro SIP is offered by Reliance Mutual Fund (Rs 100) or ICICI MF (Rs 50). Most other offer SIPs from Rs 500/Rs 1000 per month. For the long term choose a well diversified equity fund. These funds have associated market risks and do not offer guaranteed returns.

I have invest in ICICI DYNAMIC FUND (RS. 5000/- in last six months). During the bull phase my profit was Rs 600. Give me suggestions as to what should I do. Should I opt out from the fund or should I remain invested?
- Ranjit Poddar, Mumbai
ICICI Pru Dynamic is a four star rated well diversified equity fund. The fund has performed well in the past and you can remain invested in the fund with a long term perspective.

I want to invest Rs 20000 in mutual funds for the period of one year. Please suggest which mutual fund is good for me. What about Reliance Natural Resource Fund? Is it good?
- Rajat Bali
One year is too short a period for investments in equity funds. Investment for such duration can prove to be risky. Reliance Natural Resources is a new fund which has been launched recently. Choose some well diversified equity with good track record like Birla Sun Life Equity, DSPML Equity, HDFC Top 200, Magnum Contra and Kotak 30.

I want to invest Rs 2500 per month in mutual funds via sip. In which mutual fund should I invest? I am new to mutual fund investments.
- ABHISHEK KUMAR, LUDHIANA

Choose some well performing diversified equity funds and start investing. Some good options are Birla Sun Life Equity, DSPML Equity HDFC Top 200, Magnum Contra and Kotak 30.

Which are best funds for 5 years and above - Reliance Regular Savings Equity, Standard Chartered Premier Equity, JM Emerging Leaders? Please enlighten.
- Jitendra, Pune
Do not chase very recent short-term performance. If you are looking for aggressive growth and withstand sharp decline in a brief period then your choice of fund looks good. These are surely the risky fund which can also prove rewarding.

I invest via SIPs (monthly) in SBI Magnum Blue Chip, Magnum Global, Magnum Contra (Rs 2000 each) and Rs 4000 in Magnum Multiplier Plus. My age is 39yrs. Is my investment right?
- Angshuman, Kolkata
Your fund selection is good but over exposure to a particular fund house is not advisable. Diversify your investments in various fund houses so that you can benefit from different research methodologies. Also invest in some diversified equity funds of other family.

Which fund is advisable for long term?
Choose few well rated diversified equity fund and invest regulary. My choice will include Birla Sun Life Equity, DSPML Equity HDFC Top 200, Magnum Contra and Kotak 30.

I want to invest in Reliance Life Tips Series 2 Pension Plan. Is it better than other ULIP pension plans?
Investing in ULIPs is not advisable as they have a high cost structure. Invest in mutual funds for investment and buy term insurance for your life insurance requirements.

Which fund should I purchase - with low nav or high nav? For instance for tax saver -HDFC (153) or Lotus(12)? Which is better?
- Dr. Pankaj, Muradabad.
NAV should not be the criteria for purchasing a mutual fund. What you have to check is the past performance and its consistency. Invest in a fund which has a good track record and has managed to perform well. NAV of the fund is immaterial.