I wish to invest in mutual funds for a period of 6 to 7 years. Please suggest 2-3 good funds.
-Surendra
For a period of 6 to 7 years, you should invest in vanilla, diversified equity funds that do well in all market situations. Don’t invest in lumpsum amounts; invest regularly via the SIP route.
Some funds to choose from are UTI Equity, DSP BlackRock Equity, Birla Sun Life Frontline Equity and ICICI Prudential Dynamic.
This article was originally published on October 30, 2012.