Hello,
I am investing in the mutual funds for the first time. I am an NRI and I want to invest lump sump amount of Rs 5 Lakh in MFs over next 3 months. I have shortlisted following 5 mutual funds:
1. Tata Equity PE
2. HDFC Top 200
3. Birla Sun Life Mid Cap Plan A
4. DSPBR Equity
5. Reliance Growth
I plan to invest 1 Lakh in each for a period of 3 to 5 years. Please advise me on my selection. Should I add more mutual funds? Since I have lump sump amount available I am not thinking of SIP. But let me know if you guys think otherwise.
Thanks,
Niranjan
I am investing in the mutual funds for the first time. I am an NRI and I want to invest lump sump amount of Rs 5 Lakh in MFs over next 3 months. I have shortlisted following 5 mutual funds:
1. Tata Equity PE
2. HDFC Top 200
3. Birla Sun Life Mid Cap Plan A
4. DSPBR Equity
5. Reliance Growth
I plan to invest 1 Lakh in each for a period of 3 to 5 years. Please advise me on my selection. Should I add more mutual funds? Since I have lump sump amount available I am not thinking of SIP. But let me know if you guys think otherwise.
Thanks,
Niranjan