Want suggestion regarding MFs investments

[cgiri]

Hi On 22nd August 2011 I just invested 30K on two mutual funds as one time investment. Funds are HDFC Top 200 (Growth) and HDFC Equity fund (Growth) option and investment amount is 15K in each. Please suggest whether it is ok to invest this time in those MFs or not.

 

[sibumajumdar]

Hi On 22nd August 2011 I just invested 30K on two mutual funds as one time investment. Funds are HDFC Top 200 (Growth) and HDFC Equity fund (Growth) option and investment amount is 15K in each. Please suggest whether it is ok to invest this time in those MFs or not.

Your selection of fund is good. One is Large Midcap fund & the other Multicap fund. Their Risk/Reward is excellent. It will be better if u go for one Large cap fund & also invest regularly through SIP method.

All the best....SLMuncle

 

[cgiri]

Please comment

Is it the right time to invest in Mutual funds through SIP? Please suggest some good MFs to invest by considering the investment amount of Rs. 4000/- per month.

 

[KoolSIM]

Re: Please comment

Is it the right time to invest in Mutual funds through SIP? Please suggest some good MFs to invest by considering the investment amount of Rs. 4000/- per month.

Hey there! Investing through SIPs means you are in a way eliminating the risk of timing the market (which rarely anyone gets right anyway)......so by all means go ahead start investing through SIPs for a long term horizon.

You should continue investing in your chosen funds. I would suggest you split the Rs. 4000 into 2000 each for HDFC Equity and Top 200. Both are quality funds.

 

[reemak]

The market is currently down, can I start investing in HDFC MF? Lot of them suggested me HDFC and DSP BlackRock.

 

[KoolSIM]

For the long term.................yes! And through SIPs to reduce your risk from market volatility!

And HDFC MF is not a fund but an Asset Mgmt Company. Some quality funds in the HDFC domain are HDFC Top 200 (diversified), HDFC Midcap Opportunities (Midcap), HDFC Equity (Multicap) funds. Some similar themed funds exist in DSP Blackrock's fund house too! Research their offerings and then make your selections!