Best Equity Mutual Funds

[ssram08]

Hi,

Your choice of funds are good. Go ahead.

Regards,
Sriram

[Vicky78]

If you are looking for a good aggressive portfolio

Fidelity tax Advantage
Birla sunlife tax relief 96
Sundaram BNP Paribas Select Focus
DSP ML tiger
IDFC Premier Equity

A moderately aggressive portfolio

Fidelity tax advantage
Sundaram Tax saver
DSP ML tiger
Reliance growth
Magnum Contra

[shruti624]

Originally Posted by Rigid

Hi

My dad wants to invest in Mutual Funds starting next month. He'll be investing Rs. 2 Lakhs initially and has a long term outlook (5-10 years and more, if needed). He already has enough of FD/Insurance and I don't think its necessary for him to invest in Debt Funds. I've advised him to invest the entire amount in Equity and Balanced Funds. According to me these are the funds and allocations he should consider -

HDFC Prudence - 40K
Birla Sunlife Equity - 40K
Reliance Growth - 30K
Magnum Contra - 30K
DSPML T.I.G.E.R. - 30K
Kotak Opportunities - 30K

I've also advised him to go by SIP route (6 installments/fund) starting next month itself and continue till July 08. I would like to know if the above selection of funds and allocation is good enough and reasonably risk free. I don't want him to blame me later for giving him a wrong advice. Please help.

My advice would be to go for funds with large cap bias and more in balanced as the investment is for your dad and his looking at his age it is better to not go for aggressive funds. Even MIP is gud option. However, u can personally invest in the ones u mentioned

[mrindia]

Originally Posted by crazyfutu

Hi , I am planning to start SIP in mutual fund in this month. Please suggest me some funds with medium and higher risk..My budget / month is 3-4000

If I select the following funds...how it goes?

1. Magnum Contra
2. Sundaram BNP Paribas Select Focus
3. DSPML T.I.G.E.R.

Plz Reply

Your fund selection is good. Go as
Mag contra: 1500
Sundr Sel Foc: 1500
DSP ML TIGER: 1000
mr india

[ssram08]

All,

What is your opinion about the funds given below?

Franklin Templeton India Balanced Fund
Franklin Templeton India Prima Plus

Is it wise to start SIP in these two funds?

Regards,
Sriram

[Vicky78]

Franklin Prima Plus is a very good fund.

FT Balanced is not bad, there are many better funds...

[ssram08]

Vicky,

Thanks a lot. Can you suggest any better fund to replace Franklin Balanced?

Regards,
Sriram

[Vicky78]

DSP ML Balanced

[SNGDHSINGH]

Mirae Asset Global Commodity Stock Fund is a NFO whose ending date is 23rd july.this will give good returns.

[


QUOTE=Vicky78;196464]Franklin Prima Plus is a very good fund.

FT Balanced is not bad, there are many better funds...[/quote]

[SNGDHSINGH]

Hi Vicky,
It seems u have a good knowledge about MFs.Can u please tell me which Co. r you working for and with what profile?