Need suggestion

[bhagwatip]

Hi,

In 2008 I invested in the following MF's:

SBI - Magnum TaxGain Scheme - Rs.5000
Birla Sunlife-Tax Relief '96 Fund-ELSS - Rs.10000
HDFC TaxSaver - Rs.5000
Principal Tax Saver - Rs.5000

I need to know whether I still hold them or sell off.

In 2009 I started SIP in the following 3 funds:

HDFC Top 200 Fund - Dividend (Monthly Rs.1000)
Sundaram Paribas Select Midcap - Dividend (Monthly Rs.1000)
TATA Equity Opp Fund - A Dividend (Monthly Rs.1000)

Should I continue with these?

At present I have around Rs.25000 on hand, kindly suggest in which fund should I invest.

Your valuable opinions & suggestions are highly appreciated.

Thanks

Bhagwati V

 

[vishal412]

Your investment regarding new funds depends upon, when you need your money back, or how long you want to stay invested. Mutual Fund investments gives better returns in a longer period of time. If your time horizon is less tahn 3 years you can go for Debt investments, else if can opt for other asset allocation to your portfolio.
Your investment portfolio also depends upon how much risk you can take, Depending upon your risk appetite you should opt for any investments.