Should I Stay Invested?

Value Research CEO Dhirendra Kumar talks about mutual funds & investments every week on an investment show. Here he answers investors' queries & concerns. Here are a few excerpts: I want to invest Rs 2000 every month. Please suggest which fund should I invest in? You may opt for any of the Five Star or Four Star rated diversified equity funds like Magnum Contra, HDFC Equity, Kotak 30 and Birla SunLife Frontline Equity and invest through an SIP. These funds have a proven track record and will be good for long term investment. How can I get monthly income from a mutual fund? To get monthly income from mutual funds you may opt for an MIP. An MIP is a debt oriented fund with an equity element in it. It will give you regular monthly income and also you can make equity gains when the market is bullish. If you an invest horizon of 2-3 years and look for a regular monthly income, then an MIP will be a suitable investment. You can choose from MIP’s like DBS Chola MIP, Principal MIP

This article was originally published on July 09, 2008.