Good Funds to Invest

Q. I am a beginner in mutual funds and want to invest around Rs 3 lakhs including SIPs for 3 years. Which funds would you suggest? A. Start investing only through SIPs. Choose 3-4 well diversified equity funds like Reliance Vision, Sundaram Select Focus, HDFC Equity or Birla Frontline Equity and divide your investment equally in these funds. Q. I want to invest Rs 10,000 in mutual funds. Which funds should I choose? A. Choose from any well performing top rated funds like DSP ML Top 100, Birla Frontline Equity or Franklin India Prime Plus. Q. How is future of JM Basic (g) and Fidelity Equity (g). A. Both are not very old funds, but they have done well till now. Keep reviewing their performance once in every 6 months. Q. I want to invest in mutual funds to s

This article was originally published on December 26, 2007.