I intend to start SIPs in the following mutual fund schemes.
I intend to make SIPs at different dates like 1st, 5th, 10th, 15th ,20th & 25th so I wish to narrow it down to best six mutual fund schemes.
I am looking at a 5 year horizon for the best returns & I have no dependents as of now.
The schemes I have shortlisted with their last 3 year returns are as follows :
1) IDFC premier equity plan A (5.71 %)
2) Reliance equity opportunity (4.03 %)
3) Birla Sunlife dividend yield plus (8.66 %)
4) Fidelity India growth (4.65 %)
5) Fidelity equity fund (3.94 %)
6) Birla Sunlife frontline equity fund Plan A (3.24 %)
7) HDFC top 200 (7.7 %)
8) DSPBR top 100 (2.7 %)
9) Reliance regular savings fund (equity) (0.79 %)
10) HDFC prudence (8.74 %)
11) Reliance growth (10.08 %)
Also, my Father has been holding some units of reliance growth and reliance vision since inception (though he did redeem a few units about a few years back).
Should he continue holding these units or redeem or switch over to some other schemes as he is not in need of this money right now.
I intend to make SIPs at different dates like 1st, 5th, 10th, 15th ,20th & 25th so I wish to narrow it down to best six mutual fund schemes.
I am looking at a 5 year horizon for the best returns & I have no dependents as of now.
The schemes I have shortlisted with their last 3 year returns are as follows :
1) IDFC premier equity plan A (5.71 %)
2) Reliance equity opportunity (4.03 %)
3) Birla Sunlife dividend yield plus (8.66 %)
4) Fidelity India growth (4.65 %)
5) Fidelity equity fund (3.94 %)
6) Birla Sunlife frontline equity fund Plan A (3.24 %)
7) HDFC top 200 (7.7 %)
8) DSPBR top 100 (2.7 %)
9) Reliance regular savings fund (equity) (0.79 %)
10) HDFC prudence (8.74 %)
11) Reliance growth (10.08 %)
Also, my Father has been holding some units of reliance growth and reliance vision since inception (though he did redeem a few units about a few years back).
Should he continue holding these units or redeem or switch over to some other schemes as he is not in need of this money right now.