SIP investment in NIFTY basket

Hello Traders,

Sorry if this sounds to be a very naive question.

Which one do you think is better when investing in SIP?
1. Investing in NIFTY basket, JRNIFTY basket?
or
2. Investing in Mutual Fund which is based on equity?

Since i have a busy daytime time i do not have much time in evaluating companies and investing proactively. So i think SIP would be better for people like us.

When i say 'better'. It is from a medium to long term perspective, like 5 yrs.

Thanks in advance,

i am investing as like SIP in few stocks. right now the portfolio is 2.01% down but as the essence is to keep investing hence doing it religiously. it serves few good things :

1. keep the avg buy price low with more number of shares to purchase
2. once the market take turn it will be profit.
3. no need to have lumpsum money to invest.

Its better to invest in individual stock keeping different industries as SIP in nifty is like sip in One stock.

That link is not working. Try this one :

http://www.moneymunch.com/what-is-nifty-bees-niftybees/

Or simply google for "Niftybees"

Thanks for your reply