I want to start an SIP in HDFC Top 200 and Reliance Growth for five years with a Rs 5,000 investment. Is that all right?
Both are good funds having posted fine returns and we believe they are very suitable investment vehicles. But their focus is different. HDFC Top 200 always goes for large-caps, while Reliance Growth is a combination of both mid-cap and large-cap.
If you have to invest say Rs 5,000, then why not distribute an equal amount in both of them.