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On Long-term SIPs

A good option would be an SIP in equity. Here are some funds to invest in

I want to invest Rs 1,000 per month for 3-5 years in an systematic investment plan (SIP). Please name a good fund that will give me attractive returns on maturity.

Vilas L. Joshte

For long-term investments, it is better to go with equity. If this is going to be your only investment then you can invest in a balanced fund. Some of the good ones are: Birla Sun Life '95, DSPBR Balanced, HDFC Prudence.

Else, choose a fund that is well rated by Value Research in the equity diversified segment like HDFC Top 200, DSPBR Top 100 Equity, Magnum Contra, and Kotak 30.

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