Top 10 Mutual Funds for SIP to invest in 2013
Systematic Investment Plan (SIP) is the best route to invest small savings month on month and create a bigger wealth. Select best SIP mutual funds to invest for 2013 and start growing your wealth. Today we would discuss about these top mutual funds for SIP to invest.
What is a Systematic Investment Plan (SIP)
Systematic investment plan in mutual fund is where an investor makes regular equal investments in mutual funds month on month. There are several advantages to invest by SIP method. Through SIP investment, rupee-cost gets averaged out, market fluctuations are taken care etc. This is one of the good ways to create the wealth by investing regularly. However identification of top mutual funds for SIP to invest is a key for the success.
10 Top mutual funds for SIP to invest in 2013
We have analyzed 10 best mutual funds for SIP to invest and below is the analysis.
- ICICI Pru focused blue chip fund (Large cap)
- Overview: This is one of the top mutual funds for SIP in large cap category. Crisil ranked this mutual fund as Rank-1 in large cap category.
- 3 year annualized returns: 11.5% annualized returns in the last 3 years compared to large cap mutual fund category average of 5.1% annualized return.
- Suitable for: This is large cap mutual fund which invests in top 20 companies in large cap domain. Any investor who is looking for long term capital appreciation and with moderate returns can invest it in SIP route. Since it invests in large cap equities, the downside is limited unless it is a bearish market.
- UTI Opportunities fund (Large cap)
- Overview: This is also one of the best SIP mutual funds in large cap category. The scheme is running for 5+ years and providing consistent good returns. Crisil ranked this mutual fund as Rank-1 in large cap category.
- 3 year annualized returns: 11.5% annualized returns in the last 3 years compared to category average of 5.1% annualized return.
- Suitable for: Any investor who is looking for long term capital appreciation with moderate returns can invest it in SIP route. Since it invests in large cap equities, the downside is limited unless it is a bearish market.
- SBI magnum emerging fund (Mid-cap and small-cap)
- Overview: This is one of the top mutual funds for SIP for mid and small cap category. Crisil ranked this mutual fund as Rank-1 in Small and Midcap category.
- 3 year annualized returns: 24% annualized returns in the last 3 years compared to category average of 9% annualized return.
- Suitable for: This is Small and Midcap mutual fund which invests in mid size and small size companies. Any aggressive and high risk investor who is looking for short term capital appreciation with high returns can invest it through SIP. Since it invests in mid-cap and small-cap companies, the risk is very high. However an investment in such best mutual funds in SIP creates good wealth provided the investor is willing to take the risk.
- IDFC Premier equity fund (Mid-cap and small-cap)
- Overview: This is also one of the top mutual funds for SIP in mid and small cap category. Crisil ranked this mutual fund as Rank-1 in Small and Midcap category.
- 3 year annualized returns: 16% annualized returns in the last 3 years compared to category average of 9% annualized return.
- Suitable for: This is Small and Midcap mutual fund which invests in mid and small size companies. This scheme is running for 5+ years and is a consistent good performer. Aggressive high risk investor looking for short term capital appreciation with high returns can invest in this scheme. Again, since it invests in mid-cap and small-cap companies, these are high-risk high returns investments.
- HDFC midcap opportunities fund (Mid-cap and small-cap)
- Overview: This is also one of the best mutual funds for SIP in mid and small cap category. Crisil ranked this mutual fund as Rank-1 in Small and Midcap category.
- 3 year annualized returns: 15% annualized returns in the last 3 years compared to category average of 9% annualized return.
- Suitable for: This is Small and Midcap mutual fund which invests in mid size and small size companies. This scheme is running for 5+ years and is a consistent good performer. Aggressive investor who is willing to take high risk for high returns can invest in this scheme
- Reliance equity opportunities fund (Diversified)
- Overview: This is also one of the top mutual funds for SIP among diversified mutual funds. Diversified mutual funds invest 45% to 75% in large cap stocks (as specified by Crisil). Crisil ranked this mutual fund as Rank-1 in diversified mutual funds category.
- 3 year annualized returns: 16% annualized returns in the last 3 years compared to category average of 6% annualized return.
- Suitable for: This is a diversified mutual fund scheme which invest in multiple sectors and majority in large cap stocks. It also invests 25% to 50% of amount in debt related instruments which provides security against the downside of the capital. This scheme is running for 5+ years and is a consistent good performer. Investors who want to diversify their risk through diversified mutual fund and take moderate risk and expect good returns can invest in this through SIP.
- Reliance Pharma Fund (Pharma)
- Overview: This is one of the top mutual funds for SIP in Pharma and healthcare mutual funds.
- 3 year annualized returns: 18% annualized returns in the last 3 years compared to category average of 7% annualized return.
- Suitable for: This mutual fund scheme, invest only in Pharma and healthcare sector with no diversification in other sectors. It would be very high risk in investing such sector based mutual funds. However, Pharma and healthcare sector will grow in future. Investors looking for high returns with high risk appetite can invest in such top mutual funds through SIP.
- SBI Magnum FMCG fund (FMCG)
- Overview: This is one of the best mutual funds for SIP among FMCG sector based mutual funds.
- 3 year annualized returns: 35% annualized returns in the last 3 years compared to category average of 31% annualized return.
- Suitable for: This mutual fund scheme invest only in FMCG sector. It would be very high risk in investing such sector based mutual funds. Investors with high risk and high returns appetite can invest in such mutual funds through SIP. However invest in smaller portion of your portfolio into such mutual funds as it is sector based fund and it can wipe off your capital itself in case the sector is not performing well.
- HDFC Balanced fund (Balanced)
- Overview: This is one of the top mutual funds for SIP in balanced sector based mutual funds. Balanced funds invest 65% to 80% in equity securities and balance in debt and money market instruments. Crisil ranked this mutual fund as Rank-1 in balanced mutual funds category.
- 3 year annualized returns: 13% annualized returns in the last 3 years compared to category average of 8% annualized return.
- Suitable for: Balanced funds invest 20% to 35% in debt and money market instruments. Due to this strategy, even in case of any downside of investments in equity related instruments, it would get balanced and provide little downside on the capital investment. These balanced mutual funds have becoming prominent now due to its investment strategy and it would be best suitable for investors who are looking for higher returns compared to bank fixed deposits and looking for safety of the investment. It is a moderate-risk, moderate-return investment option.
- ICICI Balanced fund (balanced)
- Overview: This is also a good performing mutual fund in balanced sector based mutual funds. Crisil ranked this mutual fund as Rank-1 in balanced mutual funds category.
- 3 year annualized returns: 12% annualized returns in the last 3 years compared to category average of 8% annualized return.
- Suitable for: Best suitable for investors who are looking for higher returns compared to bank fixed deposits and looking for safety of the investment.
Quick recap
Conclusion: Investment in mutual funds through SIP has provided good returns over the long term. However based on the risk appetite, investor can choose the best SIP mutual funds to invest for 2013. Such best investment options would help you in creating wealth.
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Suresh
Happy investing in 10 Top mutual funds for SIP in 2013
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Hi Suresh,
I am 33 and residing outside of India and would like to do SIP for 20,000 per month for the next 5 years.
kindly suggest me what could be the best sector and through whom i can do and what could be the net return after completing the period.
it would be great help if you can guide me through this.
Regards,
Bhavin
Bhavin, If you are moderate risk raker, invest in a combination of diversified, largecap, balanced and debt mutual funds. On an average with all such combinations, you can expect 10% to 15% returns per annum.
Dear Suresh, I have read almost all your blogs its is very fantastic and now i feel that
i am not sitting in front of my desktop rather i feel rite in the market,before a week i dont know nothing about Mutual Funds or stocks or which is related to financial Investment,but now 1/4 i swallowed.All your articles are very extremely helpful to the begginers like me.
99% of the Indian Population are unaware of the investment protocols young people like who are extreemly talented and genours in contributing their knowledge can shape the fututre of their country.
Jai Hind
Good Luck & God Bless
Hi Suresh,
I was investing in Mutula funds for last 4 years and gained very less profit. I had taken all of my money out from MF (about 5 Laks) and currently have no idea how to invest and where to invest. Could you please advise me if I can invest 5Lacs in FD or should i split and do FD with 2/3 Banks. I only prefer Public sector banks.
Aravind, I am curious to know what went wrong in your mutual fund investments. You should invest based on an objective. If you want zero risk, you can invest in bank FD or if you want to take low risk, invest in debt mutual funds. If you want monthly income from your investment, invest in Post office MIS scheme etc.,
Hi Suresh sir!
I am 25 yrs of age. Want to invest Rs. 5000/- per month in the following manner in SIP. Please let me know whether I am doing the correct way or not.
Name of the fund Amount to be Invested per month
ICICI Pru focused blue chip fund Rs.500/-
UTI Opportunities Fund Rs.500/-
SBI Magnum Emerging Fund Rs.500/-
Reliance Equity Opportunities Fund Rs.500/-
SBI Magnum FMCG Fund Rs.500/-
HDFC Top 200 Rs.500/-
DSP Black Rock Rs.500/-
NASDAQ 100 ETF Rs.500/-
BNP Paribas Equity Fund Rs.500/-
Quantum Long Term Equity Rs.500/-
Hi Manoj, Few observations 1) NASDAQ you have specified should be motilal NASDAQ 100 ETF. Thought it is good ETF, its floated only 2 years back. We cannot say how it performs in long run. 2) BNP Paribas though Crisil-1 ranked MF, is lagging in performance. Delivered only 4.5% annualised returns in last 5 years which are less than bank FD 3) Though you are investing Rs 5K, you have spread into 10 MF schemes. Any specific reason. You can review and reduce this to 5 schemes if required.
Hi Suresh! Thank you for that useful information. Sir, I am new to Investment thing and I am not quite sure which funds to choose and so felt that if I invest smaller amount in different mutual funds, the risk would be lower! Sir, are these below mentioned mutual fund ok for investment.
ICICI Pru focused blue chip fund Rs. 1000/-
UTI Opportunities Fund Rs. 1000/-
SBI Magnum Emerging Fund Rs. 1000/-
HDFC Top 200 Rs.1000/-
Reliance Equity Opportunities Fund Rs. 500/-
SBI Magnum FMCG Fund Rs. 500/-
Also sir, I would really like to appreciate for your time and knowledge in helping beginners like me to get started with Investments. Good Job Sir!! Thankss once again.
Manoj, I just responded to your earlier message. This is duplicate, hence not resonding. BTW, what is your opinon about our blog. What other improvements do you think I should to help people like you. If you like our blog, give me facebook like and share one or two articles to your friends who might be eagerly waiting for such investent options.
hello sir i want to know which SIP schme would be best which doesnot involve high risk factor as am new to mutual funds sugest me some good schmes. thanks
Hi Disha, If you do not want to take high risk, means you are moderate or low risk taker, you can invest in balanced mutual funds and debt mutual funds.
Hi suresh,
The articles are great for mutual fund investors. I am having my investments in below mentioned funds (SIP).My investment horizon is of 20 years.
HDFC Top 200- 4000 per month.
Franklin India Bluechip fund- 3000 per month
Birla Sunlife Frontline Equity Fund- 3000 per month
SBI Emerging Business Fund- 2000 per month
ICICI prudential Balanced Fund- 3000 per month
Reliance Equity Oppertunity (G)- 2000 per month
Kindly advice me, if these are the right funds to stay invested for long term or should i switch over to some other fund.
Regards
Sharad Yadav
Sharad, you have invested in good large cap, mid cap and balanced funds. BTW, how is our blog .What improvements do you suggest to improve our blog ?
Hi suresh,for the First time Investor what are security steps to be taken when applying from distributor.
Please Answer:
1.folio will be allotoed one folio for all mf's with same fund house.
2.how to check the name corresponding with folio.
3.For redemption the units how to check the bank deatils correct.
Prashanth, 1) Folio can be one for a mutual fund house. This is to ensure that your MF schemes under such MF house are consolidated at one place. There is no harm in having another folio 2) If you are buying through distributor, the name on which you have opened the account would appear onthe application sent by your distributor to mutual fund house. 3) Generally, when you apply for a mutual fund account with a broker, they would collect all the info pertaining to which account to be debited for SIP plans and where to credit the redemption amount of mutual funds.
Hi, I am 34 year old and able to save 10,000-12,000 per month. I am presently doing the following investment in mutual funds:
1.SIP- Rs. 2,000/- per month in ICICI Focussed Blue chip fund. since april 2012.
2.Rs 25,000/- in SBI Gold Growth Fund done in October 2011.
Now i want to do another SIP of Rs. 3,000/- PM , kindly advise me in which fund should i invest from the long term point of view say 7-10 yrs . I have sorted two funds :
1. SBI emerging business (G).
2. Birla Sunlife MNC Fund (G).
Please tell which fund is better or any other fund in which i should invest.
Thanks
Atul
Hi Atul, SBI Emerging and Birla Sunlife MNC fund are crisil-1 ranked MF in midcap and small cap segment. Instead of choosing both in a single segment, please choose something in diversified funds too. You can try Reliance equity opps or Franklin india prima plus etc.,
Suresh,
Thanks for advice, but i want to invest in only one fund out of the two sorted by me . Kindly advice me which fund (SBI Emerg or Birla ) is better keeping in long term period of 7-10 yrs vis -a vis return.
Regards
Atul
Atul, you can go for SBI Emerging fund.
Hi Suresh,
I, m new to SIP and planning to invest 2000/M in each of Reliance equity opps and UTI opportunity finds for 5-10 Years. Please let me know if I'm doing right justice to my investment
Neeraj, You have chosen one in largecap segment and other in diversified which are good funds.
Hi,
Sir, can u pls tell me a mutual fund with good return for long term atleast 20 to 30 years. currently I m 31 years old and my monthly in come is Rs. 20000.
Vijay
Vijay, if you are lookgin for long term, invest in diversified, largecap and balanced funds.
Hello Suresh,
The information you have shared is really helpful for the investers. I am investing in SIP and need to include one debt fund in my portfolio. Please suggest which one to pick.
Thanks,
Vishal
Hi Vishal, I have personally invested in SBI dynamic bond fund as it is Crisil-1 ranked and its expense ratio is around 0.6% p.a. Others charge around 1% expense ratio.
Hi Suresh,
what is this sbi dynamic bond fund. Is this a monthly fixed SIP plan or a 1 time investment. How do I buy it ? Can I buy it online ? what doc's do we need to buy online ?
Thanks,
Manu, SBI Dynamic bond fund is debt mutual fund. It invests in debt instruments and is low risk investment option. All mutual funds are available for one time investment + SIP. You need to open a mutual fund account with any of the distributor/broker. You need to submit necessary documents as listed down by the brokers. Alternatively you can directly apply on mutual fund house website and buy them online. However you need to take care of compliance and documentation part on your own.
Hi Suresh,
Thanks for your informative article.
I have SIP of 3k each in SBI Emerging business fund-G and Quantum Long term equity fund-G.
I want to start SIP of 1k in SBI Magnum FMCG Fund.
Please suggest me if all the funds with investment values are ok.
Is there any formula for Flexi SIP? Is it same as VIP? I want to do Flexi SIP myself….Can you please tell me the factors for deciding the investment amount in Flexi SIP.
Regards,
K C Rana
Hi Rana, Funds are good. However FMCG is high risk high return fund which you should note. There is no formula for flexi SIP. If you know that your income may fluctuate with whatever reason it could be, you can consider this option. I generally prefer you to take a minimum amount wihch you are comfortable at any time. Over and above this can be your flexi amount whih you can change depending upon the situation.
Mr.Suresh Sir, I want to start a sip in Mutaul Funds i am a very begginner MF as i am getting a very common least salary,i have 2 children for their future instead of bank i want to invest in MF for another 5 years can you please suggest MF'S.this is the start of my savings for my children. i am 33 yrs .i have selected this MF each 1,000 Rs Per Month.
SBI Emerging Businesses-G
SBI Bluechip-G
SBI FMCG-G
SBI Dynamic Bond-G
SBI Magnum Equity-G
Hi Prashant, Any specific reason why you are the favorite of SBI ? Invest in variety of funds. SBI Emerging, Dynamic are good. FMCG is high risk fund, you can choose small amount. You can choose other top mutual funds.
sir,
i want to invest sip please suggest me, whitch company is better for investment,if i invest rs 1000 per month after 10years,how much money i get back?
Madhukar, the returns would depend on your risk apettie. If you are high risk investor, you can invest in sector based funds and mid-cap funds. The returns would vary from 15% to 30% per annum. If you are conservative investors, invest in balanced mutual funds or debt funds which provide returns of 9% to 11% per annum. Pls go thru the article for more info.
Hello Suresh,
It's great reading your thoughts. I need advise to build corpus for retirement through M.F's.
Present Age: 32
Monthly Expenduture : 50000 per month (all inclusive)
Plan to Retire at : 50
I am investing in the 5 M.F's for last 3 years for this purpose & they are as follows
1.Pure Large Cap.
H.D.F.C Top 200 – 2000 I.N.R invested monthly
H.D.F.C Equity - 2000 I.N.R invested monthly
2.Large Mid Cap.
IDFC PREMIER Equity – 2000 I.N.R invested monthly
Sundaram Select Mid Cap – 2000 I.N.R invested monthly
3.Gold E.T.F
Reliance GOLD E.T.F – 2000 I.N.R invested monthly
Apart from above i save in P.P.F ( 50000 anually) and there is a E.P.F with my company.
Please suggest how should i go about it as i have roughly 18 years left.
Hi Shubodip, Your current expenditure of Rs 50K per month i.e. Rs 6 lakhs per annum if considered at 7% inflatoin rate, it would be Rs 20.27 lakhs per year. So, you would require Rs 20.27 lakhs starting from 51st year. Assuming the life is upto 80 years, means you need 30 years of annual expenses. This translates to Rs of 5.23 crores (after inflated adjusted returns). To earn this corpus from your 32nd year to 50th year i.e. in 18 years, you need a monthly investment of Rs 59,000 assuming that inflation is around 7% and your returns would be at 13% (equity+MF 70% and debt/FD 30%). You should invest 70% in mutual funds+stocks and 30% in bank FD or any othe safe investment option. The MF’s you indicateded are good for long term. However Sundaram midcap, you can reduce and invest in other diversified funds. Regd Gold ETF, I invest in SBI Gold ETF as expense ratio is < 0.5% p.a. others all charge 1+% p.a.
Dear Sir,
My saving per month is INR15000, can you plz suggest me how to invest this money & Where ?
Thanks
Hi Rajan, If you are new to mutual fund investments, start with balanced mutual funds and debt mutual funds.
Hi,
Iam new to Mutual funds investments-SIP, recently i started investing in SBI tax savings and SBI FMCG
SBI tax savings – Rs2500
SBI FMCG – Rs 1000
please advise, the above schemes are good or not to invest ?
Thanks,
Murali
Murali, You should be clear about your investment strategy before you invest. When you said SBI Tax savings (You need to give full name as there are couple of SBI tax saving schemes), are you investing for tax purpose ? Also SBI FMCG is high risk and high return investments. Since you are new to the mutual funds, I would not advice you to directly invest in such risky sectors. Invest in balanced and debt mutual funds to start with. Once you know about mutual fund classes, you can invest in other categories too. Please let me know in case you need any further help.
Hi Suresh,
Its always great to read your insights. I wanted your advice. I am starting new SIP's and here is my plan..
HDFC Top 200 – 10000
HDFC Prudence Fund – 12000
ICICI Discovery Fund – 12000
Please let me know your thoughts.
Thanks a bunch Sir
Vikas
Vikas, You have choose one large cap fund HDFC Top-200 and one mid-cap fund-ICICI Discovery and one under balance fund-HDFC Prudence fund. All are good and you are able to do portolio diversification in mutual funds. You should invest some portion in debt mutual funds or in bank FD’s too.
Sir
me nd my husband both r in private jobs with no pension schemes at all. Can u pl suggest that for getting a pension of 30,000 Rs per month after 15 years where should i invest . kindly specify the names of mf , sip and all as i m new to this. I can invest Rs 5000 to 7000 pm.
Eagerly waiting for ur advice.
thanx
Hi Neetu, You are mixing up pension schemes and mutual funds. To start investing, invest in debt funds and balanced funds. Over a period of time shift to large cap and diversified mutual funds + balanced mutual funds so that you can create wealth for long term. The top funds under this category are given in this article
Hai Mr. Suresh,
I am 30 Years old and I invested in the following fund for last 1 year. Kindly give me your opinion and suggestion about my portfolio.
UTI opportunities – 3000 pm
Reliance Equity opportunies – 3000 pm
Birla Sunlife MNC – 3000 pm
UTI MNC fund – 3000 pm
ICICI ru FMCG -3000 pm
Thank you very much for your guidance .
Good to go. ICICI FMCG is sector based fund which is high risk, high return investments which you should know before investing.
okay. Thank you very much for your kind advice.
Dear Mr Suresh – I came across your website while researching on Mutual Funds. I have been investing in FDs and Provident Funds for the past years. My friend suggested that I invest in Mutual funds. He suggested that I invest in ELSS funds like BNP Paribas Tax Advntage, Axis Long tern equity, Franklin Tax shield, Religare Tax & ICICI Pru Tax (about Rs 500 as a SIP in all these funds and decide a year later on the fund's performance). My friend also suggested that I also diversify my options and also look at Debt Funds and Balanced funds where the min investment is about 1000 INR). What would you recommend? I wanted to get your opinion on this.
Thank you
Sathiya
Hi Sathiya, Please refer my latest article about best ELSS Mutual funds. I have published this on Monday. Debt funds are low risk, but returns would be higher than bank FD. Balanced mutual funds too are moderate to low risk. However these are good for investors who are looking for low risk. If you are moderate risk investors invest in large cap, diversified mutual funds. These would provide good returns on long run. If you are high risk investor, add a small portion and invest in sector based funds. BTW, how is our blog. What kind of improvements you would like to see.
Dear Mr Suresh,
Thank you for your response. Your insight were truly very helpful. Earlier, I just wanted to invest in ELSS funds (tax) However, after your response and the other articles on your blog, I want to diversify my investment in MFs (other than ELSS). I understand that I should probably diversify my investment for a proper fiancial planning. I wish to invest in large cap diversified fund, debt long term, balanced and setor based fund in addition to the ELSS (though you recommended large cap and sector). Is this the right approach? Additionally I would be very grateful if you would offer your doubtlessly perceptive insights on the various AMCs I can invest on the above sectors (if its not much trouble)
Website: Mr Suresh, yours is one of the the best websites I have come across till date. Your interesting and accurate articles to investors and your response or what makes this webste uniquely special. I see that you have already connected into social media (facebook, twitter). I have a few things in mind:
(1) I suggest that you try to add a direct online chat with you once a month or once every quarter for 30 minutes or so depending on your availability. That way, when people interact directly on a chat room with you, it feels even more personal and some of us may also end up signing for your paid services.
(2) Providing some real life examples of some investors (ofcourse, you will have to remove name of clients etc) and sharing their success story would be a great idea. (For example, Investor X invested Rs 5000 per month for the past 3 years in a SIP and was rewarded with very good returns of 11-13% p.a. etc)
(3) SWOT of AMC each month will ensure that readers will visit your blog each month to see your views and research on the AMCs's competence.
(4) If you can interview any of the Fund managers (on their plans for the fund, or their reasons etc) of a successful fund and based on that interview, if you would offer your insights, people would be clamouring to your blog. Especially the investors of a particular mutual fund will get an opportunityto 'know' their fund manager (no one does this) and at the same time, people will also get your expert opinion (as you are a neutral person)
Hope this helps. Thank you once again for your advise.
Hi Sathiya, Yes your approach is right. Also thanks for your valuable feedback for our website. We would focus on these improvements to the major extent and see that these are implemented in short period of time. Thanks once again.
Dear sir,
I started a SIP portfolio on last June 2012 and now I am thinking to review it according to your advice. This portfolio is for a long term goal and I can invest 15000/pm for next 10-12 years.
SBI emerging business – 2500
ING dividend yield - 2500
ICICI pru focused bluechip reg – 2500
Mirae Asset India oppor. reg – 2500
hdfc Midcap opp. – 2500
Quantum long term eqty – 2500
Do I need to avoid/change any fund from the above list for a better performance ? Thank you very much for all your guiding words here.
Maneesh, The portfolio is ok, but you are investing too much in mid-caps. If assuming mid-caps are not doing well or there is crash in mid-caps for some time, your portfolio would be in a big problem. Consider, largecap, diversified, balanced and debt mutual funds for portfolio diversification.
Dear sir, thank you very much for your advice and kindly suggest me which fund is need to remove and which one need to add to this portfolio for a better balancing.As a beginner, I am confused to do that without your opinion. I really appreciate your advice.
Manesh, The list I recommended has from various sectors, hence it would be ideal for diversification. Invest less in sector based funds. Go with this list.
Hi Suresh, I'm looking to invest in SIPs over a long term (more than 20 years) and contributing anywhere between 10 to 15k permonth. By the end of the 20 years i'm looking to gain a minimum of 15% returns. Given this, my queries are
1) Is remaining invested in Mutual funds for such long term advisable ? (i'm not looking for tax savings).
2) Which funds would help me achieve the returns i'm looking for.
3) How should I balance the risk of my portfolios given that my risk for appetite is medium to high.
really appreciate your advise. Thanks a lot.
Hi Joseph, I could see two points from your question. One is about mutual funds and another is about risk of portfolio. 1) Mutual funds industry has been growing and it would grow. There are instutions like SEBI which keeps monitoring the activities of mutual funds and hence I feel it would be best to invest in mutual funds keeping the market risks in mind. If you are looking for long term view, invest in diversified mutual funds, large cap mutual funds and balanced mutual funds. Keep some portion for sector based mutual funds like FMCG or Pharma funds. These sector baesd funds may not perform well in long run as it would depend upon the industry performance. 2) Like I said, investing in various mutual funds, diverisify your portfolio in such a way that in case any of the investment class is not performing, your portfolio should not get screwed. Invest in stocks, mutual funds (diversified, debt, balanced, largecap etc.,), Bank FD’s etc.,
If you like our blog, give me a facebook like
Hi, suresh
iam decided to invest 2500 pm in sbi fmcg fund for short term of 1yr.
Thru sip so should i go ahead?
Sriram, SBI FMCG is good, but it is very high risk, high return mutual fund. There could be a situation where the industry can be in down trend and you may loose money. Instead invest in diversified fund along with this.
Hi Suresh,
I had invested in DSP BR Small & Mid Cap-RP(G). since Nov-2000 ,for 62 months.
Is it a good MF to continue.And what if i dont redem after 62th month(maturity time)?
Hi Partha, DSP BR Small and midcap fund is crisil-3 ranked fund and average fund. The returns are just in line with FD. You can invest in better MF’s and Crisl-1 and Crisil-2 ranked Mutual funds.
hi,
Can i invest in raligare SIP mutual fund because i am new in this field….
Hi Sushil. Pls give complete details. You just said Religare SIP MF?
Hi Suresh,
My age is 28 I am planning to start investing in SIP. I can start with 5000 PM. I do not have any specific goal as yet. But i want to start with 3 years SIP in order use that amount if required. Please answer the following questions for me -
1- Will 3 years SIP also help me in tax savings.?
2- In which mutual fund should i divide my 5000.00 amount in?
Thanks in advance
Ankit
Hi Ankit if you are looking for 3 years investment period along with Tax savings, invest in ELSS Mutual funds. The lock-in period is 3 years. You can invest in Axis long term equity fund or Can robecco tax saver or Franklin India tax shield funds which are all Crisil-1 ranked and provided good returns. If you liked my blog, give me a facebook like
Hi Suresh, I've Read about You on this web-site can you help me investing some amount of Money so that i can get Monthly Income I wanted to invest in Mutual Funds can you guide me. Thanks and Regards, Anil Kumar Raghav
Hi Anil, If you want monthly or regular income from mutual funds, try MIP. For more info, refer this article. http://myinvestmentideas.com/2013/01/monthly-income-plans-mip-in-mutual-funds-who-should-invest/
Hai Mr. Suresh,
I am 35 Years old and I am planning to invest in the following through Flexi SIP for 5 Years
BI magnum emerging fund (Mid-cap and small-cap): 1000/- monthly
HDFC Balanced (Growth) SIP of 1000/- monthly
SBI Magnum FMCG fund (FMCG): 500/- monthly
Please Suggest Me.
Good that you are investing less amounts in sector based funds which are high risk. BTW what is your experience on Flexi SIP ?
Dear Suresh,
Thanks for reply, I don't have any experience as I am new to SIP, I feel through Flexi SIP we can vary the monthly investment depending on market condition. So please suggest me should I go with SIP or Flexi SIP.
You are right. You can invest variable amounts based on market conditions or you can invest in case you have any additional money. In my opinion, this is a good option
Hi All
I am new to investments. I want to invest 50K in mutual funds for 10 years. Please suggest me which MF is good.
Hi Sarvesh, Invest in diversified funds and balanced mutual funds. Once you get to know more about mutual funds, you can start investing in other categories of mutual funds. I hope you are liking our blog. Please share some of the articles with your friends thru facebook
hii Suresh..i have just read your suggestions on MF on your website..I find you to be genuine, knowledgeable and helpful person so i would request you to help me in making a financial decision-
I am 32 years old and have a son who is 8 months old. i did invest in MF some years back but then withdrew after a year. Now i would like to invest again with a horizon of atleast 15years(especially for my son). i want to build a huge corpus by that time but right now i can only invest 4000 per month through sip. therefore i request you to please suggest funds which are constantly performing for years and would probably continue to do so in near-future.
Secondly,I also would like to ask whether it is better to take an insurance policy for my son or invest in MF for him?what would be better?
Thanks n Regards
Hi Tabish. Thanks for your comments. Invest in diversified mutual funds and balanced mutual funds to start with. Over a period of time invest in midcap MF’s and large cap mutual funds too. Do SIP every month so that any markets fluctuations would be taken care and you would get good returns between 9% to 15% p.a. Consider taking term insurance for insurance coverage. In term insurance you need to pay less amount and the insurance coverage would be more. If you like my blog, please share some of the interesting articles on your facebook so that your friends would also get benefitted and I would also get some good readers like you..
Hi, suresh
iam sriram 26 yrs, unmarried. I have done some research in mfs.
Iam new to this iam planning to invest 2500 pm. In mutuaal funds for short term period of 1 to 2 yrs
my expectation returns are 30% p.a.
Should i invest in debt or sector based funds??
Sriram, Sector based funds are providing good returns. However they are high risk. Some times, even you may loose money if entire sector goes down. Debt funds are safe and offer 8% to 11% returns. You are looking for very short term of 1-2 years and that too for 30% p.a. would be very tough target
Hi Suresh,
Is it advisable to invest in Kotak Gold Fund. How it is different from ETF's??? I want to start investing inSIP's. My budget is Rs 5000 per month. Please suggest some fund if i want higher return in short term say 3 years..
There is a difference between a Gold ETF and Gold mutual fund. Refer this article. http://myinvestmentideas.com/2013/02/gold-mutual-funds-and-gold-etfs-which-is-the-better-investment-option/ If you are looking for short term, try investing in diversified or debt mutual funds. However mutual fund investment is a long term game.
Hi Suresh,
I have raised one query regarding mutual funds. I am waiting for your response for the same?
Thanks in advance,
Regards,
Ricky
I responded this morning. Sorry for the delay.
Dear Sir,
I am planning for investment on short and long term basis. I am 35 yrs and do not have any financial burdens as same are cleared by me. Request you to kindly suggest good safe funds where i can invest which can give me good results.Do tell me about the gold funds.
Many Thanks
Rajeev
Hi Rajeev, If you looking for safe investments, invest in balanced funds and debt mutual funds. Regd Gold, I invested in SBI Gold ETF and felt better. I felt gold ETF’s are better than gold mutual funds. Refer my article on this subject in case of any further queries.
Thank you Sir for the information. Can you plesae syggest me some funds and amount to be invested for the same.
Many Thanks
Rajeev Sharma
Hi Rajeev, tomorrow (Monday), there is an article getting published for low risk investors like you where you can invest in balanced mutual funds and debt mutual funds. I am recommending some of the funds with some analysis.
Sir ,first of all very thank ful for ur advice , sir my question is that ,in tax saving purpose should I go for ppf or elss , if elss than which elss for and whom to approach to buy this elss mutual fund ,thanks
Rajesh, Thought both have same objective i.e. tax saving purpose, ELSS has 3 years lock-in and PPF has to be opened for 15 years. PPF can also be used for retirement planning. If you sole objective is only tax purpose, invest in ELSS (e.g. Axis long term equity or Franklin tax shield) or NSC’s for 5 years period.
Hi Surash,
First of all thank you very much for your kind support to understand mutual fund through SIP. Am planning to invest in mutual fund through SIP but unable to prepare my portfolio. Keep in mind my retiremet and child education please suggest few fund which I want to start from 1st of May onward. Target 15 year's and budget Rs 6000-8000 PM also suggest one ELLS for tax saving .
Egarly waiting for your kind reply
Regard's
BISWAJIT KAR
GUWAHATI
ASSAM
Biswajit, Invest in a combinnation of largecap, diversified, balanced and debt mutual funds. Regd ELSS, you can look for Axis long term eqiuty fund or Franklin india tax shield.
Hi Suresh,
I have visited your site for the first time and found it to be very helpful in planning the investments. You are really doing a great job. I need some guidance from you regarding my mutual funds portfolio. I have started my investment in mutual funds in 2009. For some of the mutuals funds, I have stopped the SIP(based on performance) and for some, I am still investing. But I have not taken my money out from any of the funds. I need your suggestion for my mutual funds. For which funds, I should pull my money out and invest in new funds. I can stay invested for long term. Below mentioned is my portfolio:
Birla Sun Life Midcap Fund – Gr(Still invested) –> September 2009-Present
Invested amount: 86000, Appreciated amount: 88792
HDFC Equity Fund – Gr(Stopped SIP)–> September 2009-Feb 2010
Invested amount: 40,496, Appreciated amount: 52,211
HDFC Top 200 Fund – Gr (Still invested)–> September 2009-Present
Invested amount: 88,000, Appreciated amount: 96,655
ICICI Prudential Dynamic Plan-Cum (Lumsum amount-September 2009)
Invested amount: 40,000, Appreciated amount: 60,000
SBI Contra Fund – Regular Gr(Stopped SIP)–>Sep 2009- Oct 2012
Invested amount: 1,63,500, Appreciated amount: 1,74,000
SBI Magnum Equity Fund – Gr(Stopped SIP)–>Sep 2009 to Aug 2010
Invested amount: 36,500, Appreciated amount: 45,852
SBI Magnum Tax Gain Fund – Gr (Stopped SIP)–>Sep 2009-Oct 2012
Invested amount: 3,04,000, Appreciated amount: 3,36,175
Thanks,
Ricky
Ricky, here are my comments. HDFC Equity fund, top-200, ICICI Pru dynamic plan, SBI magnum equity fund are good. Birla midcap fund, SBI contra fund, SBI Magnum tax gain are underperformers and crisil rates 2+. You can check appropriate time and exit from them and invest in better funds listed here.
hi i m 23 years old.investing 2k in hdfc gold fund,2k in hdfc midcap oppurtunaties,1k in hdfc top 200, 2k in reliance equity oppurtunitis,1k in reliance pharma fund.are above funds good.i am planning to invest 10000 more for my little daughter.should i go for mf.please teel me how much should i invest in each fund
good to hear this vijay. Yes, for your daughter too, you can invest in either direct stocks + mutual funds or indirectly participating in equity thru diversified mutual funds
hi i want to invest 15000 rupees every month in SIP's can you please guide me which are the best as per returns. I am ready to invest in high risk so after that will be left with 10000 i expect the same to be invested in moderate ones
If you are high risk investor, invest in midcap-large cap MF and sector based mutual funds. Top funds under this category is indicated here.
Hi,
I am investing in Reliance diversified power growth fund from last three years and it is -10 % down compared to my total investment. Please suggest best mutual fund to switch so that I can avoid loss and gain the lost amount.
Thanks,
Satish
Satish, there are several investors who invested in infrastructure/power sector growth fund and the sector is underperforming. Any sector based fund is high risk. You can look at possible exit from such mutual funds. Look to invest in diversified mutual funds or large cap mutual funds
Hi Suresh,
I want to invent in SIP for a longer horizon for say 10 years and my monthly investment amount would be around 20k.Pls suggest me funds and amount where I can get an average annualised return of 12-13%.Presently I am investing 2k each in ICICI Prudential Focused Bluechip equity fund and ICICI Prudential Dynamic fund.
Regards,
Debasish
Debashish, All MF’s indicated are top funds. You should invest less in sector based funds as they are high risk. ICICI Pru blue chip is good. Pru Dynamic fund is defense fund which woud protect for any major ups or downfalls and reduces your losses .
Hi suresh,
I'm 22 year old,and want to invest Rs.5000 per month in mutual funds also i want to keep my investment as short as i can.so please suggest me which plan i should go for,please provide me detailed suggetion as i dont have any knowledge of mutual funds.
Puneet, if you want to go for short term, invest in liquid funds and debt mutual funds. Refer my article for more details.
Hi Suresh,
I have selected fund for long term 7 to 10 year. Kindly correct me If going wrong.
BIRLA SL GEN NEXT(G)-1500
SBI BLUE CHIP-1500
SBI PHARMA-100
UTI OPPERTUINITY FUND-1000
RELIENCE PHARMA-1000
Thanks,
Chandan
Chandan, Don’t over invest in particular category. I see that you are investing in Pharma sector for two funds. Invest one in pharma nad another in FMCG (SBI FMCG) or any other diversified funds.
Thanks a lot for guiding me.
Chandan
Hi Suresh
Thank you so much for posting such informative articles.
I need advise on couple of matters:
1. I am looking at investing in gold ETF’s. Could you please advise which is the best ETF for investment out of SBI Gold, HDFC Gold, Goldman Sach and Quantum?
2. I am also looking at investing Rs. 5,000 per month in SIP Mutual Funds. My scope for investments would be short term (3 years) clubbed with a bit of long term horizon (5 years). Based on aforesaid I have shortlisted following funds:
UTI Opportunites Fund- Rs. 1,000
Reliance Equity Opportunties Fund- Rs. 1000
SBI Magnum Emerging Fund- Rs. 1,000
Reliance Pharma Mutual Fund- Rs. 1,000
SBI FMCG Mutual Fund- Rs. 1,000
Please let me know if aforesaid is good enough. If not, please suggest me an alternate plan to invest in mutual funds.
Any help would be highly appreciated.
Thanks in advance.
Zubin
Hi Zubin, 1) All gold ETF’s would track the gold as underlying asset, hence you can buy any ETF where the annual charges are less. You can consider SBI Gold or Goldmansach Gold ETF. 2) MF’s choose by you are good. One update is don’t go heavy on pharma or FMCG. You reduce that to 20% only and invest in other large cap or diversified funds
Thank you for prompt reply.
Would you advise investing Rs.500 pm in sbi fmcg and reliance pharma instead of Rs.1000?
Could you please tell me a 6th mutual fund for investment as aforesaid investment would amount to Rs. 4000.
Also, I already have a demat account with hdfc. Would it be possible to trade in gold etf through the same? How is Quantum Gold Etf? Is it better than sbi and goldman?
All ETF’s track gold. However, one catch is the expense ratio. Means this is the amount they would deduct from your NAV every year. Expense ratio for GS Gold ETF is 1%, Quantum gold ETF is 1% and SBI Gold ETF is 0.94%. Now you know why I recommend SBI Gold ETF
Thanks for your advise. But now I got to know 2 more things. What is the lot size in gold ETF? Is it possible to buy 1 gram each month? I have heard lot size of quantum is 0.5 gram?
Lastly, could you please help me with 6th Mutual fund for investment because aforesaid investments in 5 funds would amount to Rs. 4,000. So I can invest Rs. 1,000 in one more fund
1 Gram – 1 Qty. Consider anything from largecap or midcap or diversified for your 6th fund
Hi Suresh,
I finally invested in mutual funds as follows:
1. UTI Opportunities Fund- INR 1000 pm
2. Birla Sun Life Gen Next- INR 1000 pm
3. Reliance Opportunities- INR 1000 pm
4. SBI Emerging Business- INR 1000 pm
5. SBI Pharma- INR 500 pm
6. SBI FMCG- INR 500 pm
Please tell me if aforesaid is good enough for 3 years?
Good. If you invest for longer term than specified, you would benefit more
Dear Mr. Suresh,
I would like to know how can I save taxes by investing in MFs if such provision is there.
Regards,
Hi Anshul, you can invest in ELSS mutual funds to save tax. Some of the good ELSS MF’s are Can robeco tax saver fund and Franklin india tax shield fund
Dear Mr. Suresh,
What are the % of returns p.a. for your suggested ELSS MFs.
I am planing to invest Rs. 10,000 p.m. for atleast five years and what other options are available to yeild good returns by investing in tax saving MFs and normal MFs.
Regards,
Anshul, Past performance may not repeat, but you can expect between 9% to 14% if you stay longer on these ELSS mutual funds.
Hi Suresh,
First of all many thanks for this post. I am completely new investor and wanted your suggestion.
My plan is
UTI Opportunities Fund – 1000/month
HDFC Balanced Fund – 1000/month
Reliance Equity opportunities Fund – 1000/month
Please suggest if this looks fine. Thanks.
Rakesh, these are good funds. You can invest for long term.
my age 36 and i want to invest 10000 in MF (SIP) PLEASE ADVICE me different sip for my portfolio( moderate risk appetite)
Ganesh, invest in diversified funds and debt mutual funds for moderate risk.
Dear Suresh,
I am 40 years old NRI(UAE) and planning to invest Rs. 10000/month in SIP, please advise me some best SIP mutual funds and how much I need to invest each fund. your support highly appreciate.
Anas.
Anas, Invest in largecap, diversified and balanced funds for long term
Dear Suresh,
Thanks for very nice and lucid information.
I am 29 years old and interested to invest in three diffrent SIP on an average about 2000/month for 5 years or open ended mutual funds. pls suggest me the best investment plans.
amit
Amit, you are at young age and should invest for long term. Invest in large cap funds, diversified funds and small portion in sector based funds. You should also look for investment in gold (thru SIP) as part of your portfolio.
Thanks alot for quick and valuable reply..
I am planning to invest in following MFs
ICICI Pru focused blue chip fund (Large cap): Rs-1500
SBI magnum emerging fund (Mid-cap and small-cap): 1000
Reliance equity opportunities fund (Diversified)1500
SBI Magnum FMCG fund (FMCG): 2000
As I am novice to the mutual fund pls suggest suggest me the best SIP for gold investment. Any comment on the above portfolio chalked out by me?
Thanks again.
amit
Amit. MF’s indicated by you are good. Regd Gold SIP, invest in Gold ETF’s instead of Gold mutual funds. You can refer my article on the differences between these two. Regd Gold ETF,s you can invest in any gold ETF’s as most of them invest in gold or in gold manufacturing/refining companies.
Dear suresh.
I'm 27 and started investing in mutual funds from this yr. 2013 onwards.
I've invested in the following.
HDFC Equity -(Growth) SIP of 2000/- monthly for 15yrs.
Franklin India Bluechip (Growth) SIP of 3000/- monthly for 10yrs
ICICI Pru. Discovery Fund Reg. (Growth) SIP of 1000/- monthly for 15yrs.
IDFC Premier Equity (Growth) SIP of 1000/- monthly for 15yrs.
HDFC Balanced (Growth) SIP of 2000/- monthly for 10yrs..
Pl. suggest whether this combination is worthwhile?
Regards,
Syamantak, you have captured large cap, midcap and balanced funds which are good. You can invest small portion in sector based funds too.
hi Suresh,
I am 25 , i would like to start my investment in SIP's , i am ready to invest 2,000 rs for the next 16 years , could you please suggest me some schemes ?
Royald, invest in large cap, diversified and small portion in sector based funds for long term.
Hi Suresh,
I have been investing in mutual funds for over 3 years now but I’m just stuck with Franklin Templeton, I’m not very happy with the outcome and have been doing some research as to which is the best fund to Invest, I have heard a lot about SBI Magnum Emerging Business fund. I plan to Invest Rs 10000/month, Please advise if this is a good fund to invest. I want to invest for a period of 1 year and based on the performance would I like to Increase the tenure.. Awaiting your reply.
You would have seen that this SBI Magnum emerging fund is already recommended as good fund. You can invest. But why do you want to invest in single fund. Why don’t you diversify and invest in 2 to 3 funds. invest in large cap, diversified and balanced mutual funds
Dear Suresh,
Thank you for your advise. I need your help again with what you've mentioned above. How much according to you should i invest in SBI Magnum emerging fund and also could you please help me in understanding the difference between large Cap,Diversified and balanced mutual funds? I would also appreciate if you could tell me how much should I invest every month in each of these if I want to Invest Rs 10000/Month? Please do reply at your earliest convenience?
Mohammed, pls see this article to find out the difference among such funds. http://myinvestmentideas.com/2012/11/6-tips-select-best-performing-mutual-funds/
hi suresh , I am a govt. employee . I can invest 4k on SIP . suggest me two MF . I will invest for time horizon of 5-7 yrs..
Hi Bhanu, for 5-7 years, invest in large cap, diversified mutual funds
Dear Suresh,
I am 40 years old and new in mutual funds, I am planning to invest in SIP 10000 RS/M for 20 years please advise me best SIP funds and scheme of investment.
Anas, pls invest in large cap or diversified mutual funds. If you are looking for some safety to your principal and want to take low risk, you can invest in dbet mutual funds and balanced mutual funds.
Hi Suresh,
Planning to bye some shares of RCOM. Expecting 20-25% returns out of it.
need your valuable suggestion.
Thanks in adv.
Jagdish, It would be difficult to tell how much returns we may expect in a particular stock. All stock market investments shold be long term. RCOM price got beaten like anything few years back. I would not advice at this point of time.
Thanks for your input.
Hello Sir, I need some sincere and serious advise please. I am 54 and intend to work till 60. I can safely invest 25000/- P.M. in MFs for the next 5 years. Please advise the best funds. Thanks.
Hi Kishore. I understand your concern. Since you have limited time for retirement you are more concerned about your hard earned money. Go for diversified and large cap mutual funds through SIP. Invest part of your amount in Bank FD too and do not invest completely in MF too.
Hi Suresh, I am new to your blog & MF's and SIP too.It was verymuch helpful.
I want to invest Rs 5000 per month in SIP or in other schemes which gives good returns in 3-4 years.
Please suggest me which one is the best for me to invest the money
Invest them for 5 to 10 years period to get good returns. You can invest in these top mutual funds of large cap, diversified, balanced and debt mutual funds through SIP
Hello Suresh,
I need some recommendation from you on investing in SIP's. I am basically a 35 year old IT professional .I have a son who is 7 years now and i need to plan for his education and our retirement.. I can invest upto max of 5-6 SIP's for an amount of 5k each.Currently i am investing in following SIP's.Can you suggest if i need to reallocate my portfolio based on the goals i listed above.
1)SUNDARAM SELECT MID CAP GROWTH
2)HDFC MID CAP OPURTUNITIES FUND
3)FRANKLIN TEMPLETON BLUCHIP FUND
4)DSP BLACKROCK TOP 10 EQUITY FUND
Regards,
Maheshwari
Hi Maheshwari, Invest in the top funds I have indicated here. Keep low investment in sector funds like FMCG and Pharma fund. Regd your portfolio I think it is DSP Top100 and not Top10. Except this others are ok. This is a underperformer, you can like to revisit and invest in better mutual funds like ICICI Pru focussed blue chip or UTI Opps fund
Hi,suresh,
I am planning to invest MF through sip. kindly clarify my following doubts.
1.SIP investing methods : monthly ? equal amount ?
2. can I invest through online : best website ?
3. how long i want to invest: any minimum duration ?
1) Invest monthly through SIP. Any market fluctuations would be taken care of
2) Good site are ICICI Direct or Fundsindia.com
3) You should invest for long term of 5 to 10 years to gain more
Hello Suresh,
I am basically 35 year old working IT professional.I have a son who is 7 year old. I am planning to invest and the goal as such is savings for my son's education and our retirement.
Currently i am investing in the following SIP's.Could you suggest if these are fine or should i reallocate my SIP's.I am investing 5K in each of these SIP's.
DSP BLACKROCK TOP 100 EQUITY FUND – GROWTH
FRANKLIN TEMPLETON BLUECHIP FUND – GROWTH
HDFC MID CAP OPPORTUNITIES FUND – GROWTH
HDFC TOP 200 FUND – GROWTH PLAN
Except DSP Top 100, others are good. DSP top-100 is underperformer and you may revisit and invest in other SIP mutual funds like ICICI blue chip fund or UTI equity opps fund
good list of funds…very helpful. slightly high on the risk parameter but makes sense to enter midcaps if you have a 5 yr horizon
hi,
i m 28yrs old n currently working in banking sector .i would like to invest 10 k evry month trough sip for my chlid education and for my retriment please suggest me some funds where i can invest.
Barnali, pls invest in large cap and diversfied mutual funds listed here for long term.
Hi Suresh,
I am 28 yr old working professional and I haven't started any investment yet. I would like to start some SIP's (good if tax saving and lon term). Other than SIP's where should I invest? I have reliance money account which I havent used for long time. I would like to invest 8-10k per month.
Jitendra, what is your invesmtent objective. If you want to take risk and looking to earn high returns, you can invest in stocks. But do it thru SIP in stocks so that market volatility can be reduced in your investments.
Dear Suresh,
I am planning to invest Rs.5 thousand per month in Mutual funds through SIP system for my child education who is 5 years old.
Well i don't know about Mutual fund as advance level but have little bit knowledge and this my first investment in MF, your site is very good and informative than others, i like it. good work.
I have sort out some funds or please suggest the right & appropriate funds.
- ICICI Pru Focused Bluechip Eqty (G) – Rs.2000
- UTI Opportunities Fund (G) – Rs.1500
- HDFC Mid-Cap Opportunities Fund (G) – Rs.1000
- SBI FMCG Fund (G) – Rs.500
thanks
Hi Sumit, the funds you have choose are good. Invest less amount in sector based funds as they are high risk and high return investments.
Dear suresh
Well I don’t. Know. Sector. Based. Funds please help me to make
Correct Portfolio as this investment is for my child future studies. And I have very less knowledge about mutual funds.
Thanks
FMCG and Pharma mutual funds indicated here are sector based. They do not diversify, hence they are risk Sumit.
Dear Suresh,
Thanks & Great Help.
Hai Suresh,
The article is very informative and really helps a person like me to know How a SIP works. I am 34Yrs old and I would like to invest in SIP, iam new to it. Will you please help me or suggest me in which I could invest. My budget for SIP investment is Rs 2000/pm.
The investment is mainly for my son’s education expenses.He is 10 year old, last year I took LIC Komal Jeevan,of a sum assured of 1 lakh, is it good, the premium is 15000/year for 10 years..please suggest me regarding this, and is it pan card necessary for SIP. Where to contact in Mysore.Waiting for your valuable comments.
Thank You,
Hi Anuradha, Before i answer your two questions, I have a question for you. Will Rs 1 lakh is sufficient for you child in your absense ? If not, please increase your insurance which should be your priority now. If you have other insurance covering up this, pls ignore my question. Regarding your question of investing in mutual funds for Rs 2,000, you can invest in diverfiied mutual funds like UTI Equity fund or Reliance Equity Opps fund or UTI India life style fund. All these are crisil-1 ranked and are good funds. You can also invest in large cap funds like Birla Frontline or ICICI Pru focussed funds. PAN card is mandatory for SIP investments. You can invest thru online by visiting the concerned mutual fund sites or any other brokers like fundsindia.com or ICICI direct.com
Dear Suresh,
Thanks for your advice, i have a fliop account with Geojit for the share trading, when i asked them about my investment plan in MF, (15000 Every Month) they said to go for Birla Sunlife top 100 and HDFC frontline, so will u tell me is it a good idea to go with it?
Anish, Bila sunlife top 100 is crisil-1 rated and good fund. There is no fund like HDFC frontline. I think it is Birla sunlife frontline equity fund. Thisis also a good fund for long term.
Hi Suresh ,
Your Blog is very interesting and very useful. Im 25 years old . Im planning to invest 1000k in SIP or Mutual Fund. Kindly suggest me some good fund which is very less risk for long term. I may increase my investment has salary increases. I came to know from ur blog HDFC top 200 fund is very gud.
If you want to start with Rs 1,000 per month, invest in diversified mutual funds like Birla SL India gennext or Reliance equity opps fund or UTI Lifestyle india fund
Hi sures,
this is really a nice article on MF.I am 32 & want to invest 6000 p.m. in sip.kindly suggest the funds for sip.
with regards.
Subhendu, I just responded to another reader, but neverthless, if you are looking for long term investment, you should invest in largecap and diversified mutual funds. Under Largecap ICICI Prufocussed blue chip, UTI Opps fund are good. In Diversified funds, Reliance equity oppos fund is good
Hai Suresh, i read the comments above and it was a good lessson for me, i am NRI and my age is 31, now i want to invest a fixed sum of 20k monthly on mutual funds, but the selection of the fund is a bit confusing for me. can u suggest a better portfolio forr me to do the investments for another 10 years.
Anish, Since your investment period is 10 years, you should invest in largecap and diversified mutual funds. Under Largecap ICICI Prufocussed blue chip, UTI Opps fund are good. In Diversified funds, Reliance equity oppos fund is good.
Hi Suresh,
I would like to invest Rs.4000/- per month for next 10 years to yield a return of Rs.10 to 20 lakh.Could you please suggest a good investment plan for this? Thanks, Pritam
Pritam, If you invest Rs 4K per month @ 14% p.a to 24%, you would get between Rs 10 lakhs to Rs 20 lakhs. This would be possible by investing in large cap mutual funds, diversified mutual funds, investment in large cap stocks. Regd mutual funds, pls see top-10 mutual fund SIP article (http://myinvestmentideas.com/2012/12/top-10-mutual-funds-for-sip-to-invest-in-2013/). Regd large cap stock reco, see this article (http://myinvestmentideas.com/2012/12/best-stocks-to-buy-in-india-in-2013-for-long-term/
Hi Suresh, I am a novice and your blog has taught me more than I have learnt from other web resources combined. Great job on this.
Based on your recommendations above, I have narrowed down to a few funds and would be grateful for your input:
Total Investment : 15k P.M.
Age : 28
Finacial Stability : Safe for the next 10 years minimum
Fund
Exposure
Amount
ICICI Pru focused blue chip fund
10%
रु 1,500.00
SBI Magnum Emerging Fund
30%
रु 4,500.00
SBI Magnum FMCG Fund
30%
रु 4,500.00
HDFC Balanced Life Fund
20%
रु 3,000.00
ICICI Balanced Fund
10%
रु 1,500.00
I intend to stay invested minimum for 10 years. I would most likely stay invested for next 30 years but at an increasingly higher investment amount.
I have selected a higher risk appetite based on my age and financial stability. Please let me know your views on this.
Regards,
Ankur, all are good funds. However at your age, you should look for more diverified mutual funds or good stocks for long term instead of investing in balanced funds which are generally meant for low risk investors. If you invest and forget for 5 to 10 years, you would definitley make money. Increase your portfolio in largecap/diversified and stocks.
Thanks Suresh,
I have modified my portfolio based on your recommendation and here is how it looks now:
ICICI Pru focused blue chip fund 10% 1500
UTI Opportunities Fund 10% 1500
SBI Magnum Emerging Fund 30% 4500
Reliance Equity Opportunities Fund 20% 3000
SBI Magnum FMCG Fund 30% 4500
I am not too keen in investing in stock market since I really have no knowledge of it but I would research on this with the intention of entering the stock market investment game in 1/2 years.
Thanks again for your inputs and this blog.
Good to go. All the best.
Hi Suresh,
your blog is amazing and you are doing really excellent job for the people.
I have entered STP and SIP since last year (Jan 2012), behalf of me a
SBI bank employee suggested list of good (?) funds, I was not having
any background on these aspects.. It is already an year and the profit
it appears is not significant ofcourse I know MF are profitable in
long run.. Could you please review my portfolio and guide me?
UTI – OPPORTUNITIES FUND GROWTH PLAN 5000 (SIP)
UTI – DIVIDEND YIELD FUND GROWTH OPTION 5000 (SIP)
BSL Frontline Equity Fund -Grow 5000 (SIP)
HDFC Top 200 Fund-Growth 5000 (SIP)
Templeton India Low Duration Fund -> Franklin India Bluechip Fund -
Growth 150000 (STP on Jan 2012)
UTI-TREASURY ADVANTAGE FUND DAILY DIVIDEND PLAN -> UTI-EQUITY FUND -
EXISTING PLAN – GROWTH 150000 (STP on Jan 2012)
Kindly suggest.
Srinu.
Srinu, All these are already answered in below comments. Please check and let me know in case you want any other specific advice which is not commented here.
Hi Suresh, thanks for your reply, especially I need your advise on STP funds, should I continue? Please suggest.
Srinu, if you already have STP funds, start shifting the same to good crisil-1 rated mutual funds under the same AMC.
HI Suresh,
Am all new to MF's and SIP's. Am looking to invest in something which will give me good short term benefit. Maybe in a 1 or 2 year. What are Gold ETF's ? which Gold ETF's are good to invest in ? Am planning to invest around 5k monthly in diff. MF's and SIP. Also would like to invest in some long term plans which will benefit me in 4-5 years. Is SBI a good option.? Please suggest me.
Thanks and Regards.
Abhijeet, if you are looking for 1 to 2 years investment period in mutual funds, thought it would be short term, invest only in large cap or diversified mutual funds. Refer this article about Gold ETF’s information(http://myinvestmentideas.com/2013/02/gold-mutual-funds-and-gold-etfs-which-is-the-better-investment-option/). Invest in large cap, diverfiied mutual funds, debt mutual funds for 4 to 5 years time frame. Refer this article which has some good recommendations. You just indicated as SBI, please provide full details so that I can advice you.
Hi Suresh,
My monthly savings is 9000 please suggest me some investment plan.
I do have dmat a/c which option is good for me intraday or long term.
Jagdish, you don’t need demat account to invest in mutual funds. You can select ICICI Direct or Fundsindia.com etc. if you want to invest in mutual funds. You should be investing for long term of 5 to 10 years if you really want to benefit. Invest in top mutual funds thru SIP. Refer large cap and diversified to start with
Suresh:
Want to invest 3 L split in 6 stocks. My target is 20% min return in 1 yr, and my holding period would be max 2-3 years. I would really like to be investing in top stocks in each sector., Shortlisted the below. Can u pls comment ?
NTPC, Bharti Airtel, ICICI Bank, Dr. Reddy's Labs, Dabur and Reliance Industries.
Thanks in advance,
Sunitha, while your stock portfolio is good, your expectation of 20% returns p.a. for next 2-3 years is high. You would gain in stocks only if you are long term player. 2-3 years is medium term period and you may or may not get such returns.
Hi,
Pls let me know the best SIP to invest in , so that there is 25% – 30% return in 10 years, if I invest Rs1500/m
Thanks
Abhishek, you can invest in large cap and diversified mutual funds for long term of 10 years. Refer this article for top funds in this category.
Dear sir,
I want to invest in good ELSS fund for tax saving purpose for 2013.
I want to invest now in lumpsup amount of Rs. 30,000.
Please suggest me best fund to meet my requirement.
Reards,
Hi Sanjeev, If you are looking for ELSS funds, you can invest in Axis long term equity fund, Can rebecco eqty taxsaver, or Franklin tax shield. All these are Crisil-1 rated mutual funds and they are performing well. All the best.
Hi Suresh,
I am new to MF. I m planning to invest in SIP for a period of 2 to 3 years, but m confused where to put in my money. Jus need ur help to decide which is the best one to go for. However what are ur veiws about ICICI Pro Focused blue chip fund and it will be of great help if u can also suggest some others funds.
Thanks and waiting for your response
Neha, Looks you have not read this article. The first SIP recommendation what I gave is ICICI Pru focussed fund which is good. You can also invest in uti opportunites fund. Both are large cap mutual funds. You can see other diversified mutual funds.
hi, suresh, from quit some time i am doing R & D on Investing through SIP in Mutual fund with Growth. I have already take Kotak Gold ETF in March 2012, and now i want to invest in Good Mutual fund through SIP kindly advice me , I can invest 1000 Per month.
Hi Raman, You can invest in large cap, diversified mutual funds if you are looking for long term investments. Once you are little familair you can invest in other categories like balanced, debt mutual funds and sector based mutual funds
Thanx suresh, The confusion i was having hasc been cleared , could you please advice me that which Company's large Cap diversified MF should i go for…
Raman, While there are several largecap mutual funds which are good, couple of them are ICICI Pru focused blue chip fund and UTI Opportunities fund which are Crisil-1 ranked and are good performing mutual funds.
Very good articel for new invester as me. I have just started SIP in below funds. Please suggest the view on selected funds. Need to add/remove any.
Scheme Name SIP Amount
RELIANCE EQUITY OPPORTUNITIES FUND – G 2,000.00
BIRLA MNC FUND – GROWTH PLAN 1,500.00
ICICI PRUDENTIAL BALANCED FUND – GROWTH 1,500.00
HDFC TOP 200 FUND – GROWTH PLAN 2,000.00
Thanks,
Vishal
Vishal, all the mutual funds indicated by you are good. What other options are you investing?
Hello Suresh,
I am investing 4000 in recurring deposites. Also i can invest 2000/month. please suggest should I add one more fund in my SIP list or any other investment scheme you would suggest.
Thanks,
Vishal
large cap funds like Birla SL Frontline, ICICI Pru focussed blue chip or diverfied funds like Birla SL Gen next, Reliance equity opps fund are good for investment for long term.
Dear sir
i am investing rs 10000/ pm in following funds through sip since one year. Kindly advice do I need change
1.UTI OPPURTUNITIES FUND
2.UTI DIVIDEND YIELD
3.BSL DIVIDEND YEILD PLUS
4.Reliance equity OPPURTUNITIES fund
waiting for response
regards
waheed
Waheed, All are good. UTI dividend yield nad BSL Dividend yield+ have lagged behind in the last 2-3 years. However in long run, they are good fund.
Hi Suresh
I am investing following MF from last 2 years and wish to keep investing for long term , please advice me it is OK to continue or switch to other plan.
1. ICICI prudential Mutual fund – Rs 3000 / Month
2. Reliance regular saving fund – equity plan – Growth option – Rs 3000 / month
3. Reliance tax saver (ELSS) Fund – Dividend plan – Rs 1000 / Month
4. HDFC tax saver – Dividend – Rs 1000 / Month
I want to invest Rs 7000/ month, please suggest good fund
Thanks
Milind
1st one you have not given correct fund name. Others are all tax saver funds. Though they are good, why you are investing only in tax saving funds. why don’t you invest in diversified or large cap or mid-cap funds ?
Dear sir
It is DFG – ICICI Prudential Discovery fund – Growth
Will you please suggest me good funds to invest ?
Thanks
Milind
ICICI Pru discovery are good defensive funds during market volatility. You can pick-up any large cap, diversified mutual funds to invest for long term.
Dear Suresh,
I'm not so much interested to take risk on my finances (but still I'm losing my money in ULIPs).
I put 1500 pm in HDFC Ulip (Since March 2008)
And 10000 pa in LIC Money Plus (since Aug 2007)
Rs. 500 pm – ING Money back policy
Rs.500 pm in post ofice RD
Rs. 1000 pm in bank RD.
I can put 2000 – 2500 more as savings. Please suggest some risk free (or low risk) options.
Supriya, you are investing all your money in either insurance (security wise good, but low returns) or in RD where you get less returns. If you are looking for safe investment options only, please read my popular article. http://myinvestmentideas.com/2012/11/top-10-safe-investment-options-in-india/. I would like to know your feedback on which one you would be opting.
Dear Suresh,
Thanks for your reply, I would like to invest money inmutual funds apart from my risk free savings till date.
Kindly suggest
Supriya, as indicated, you can invest in debt mutual funds or balanced mutual funds. Pls refer our article on top debt funds and top balanced funds to invest
Very good article for new invester same as me. I have just started SIP in below funds. Please share your view on selected funds. Do i need to add/remove any.
Scheme Name SIP Amount
RELIANCE EQUITY OPPORTUNITIES FUND – G 2,000.00
BIRLA MNC FUND – GROWTH PLAN 1,500.00
ICICI PRUDENTIAL BALANCED FUND – GROWTH 1,500.00
HDFC TOP 200 FUND – GROWTH PLAN 2,000.00
Thanks,
Vishal
Vishal, they are all good funds.
Hi Suresh,
Nice article.
I have 3 queries-
A .I have invested 10000 in 5 funds thru SIP
1.FT Bluechip 2.HDFC Equity 3.ICICI Discovery
4. ICICI Dynamic 5.IDFC premiere Equity
Plz guide me regarding my funds
B. You have replied above that ICICI Dynamic Growth is not doing as per expectation. Its fund manager Sankaran Naren is a good manager, it may be possible that the fund will again perform well. I have investing since 2 years in this fund,what should i do?
C. we get advantage of Compounding by investing in same fund for long duration.Suppose we have invested in ABC fund for 10 years,now the fund is not doing well.We switch to another fund.In such case can we get the advantage of compounding?After all switching is nothing but redemption from fund and invest lumsum in new fund.
please clarify,sir.
regards
amol
Amol, I am answering them in a single point as they are linked. All the funds indicated are good. But few of them like ICICI dynamic were a good performer earlier. However the returns are lower and they are other mutual funds who are “good”. In case you are planning to invest more, you can invest in other funds. It does not mean that the fund is bad, it only mean that there are “better” funds. I agree that in long run, “best” funds would have lagged behind and we tend to ignore them. They may gain momentum in longrun. Thanks for your valuable comments.
Dear Suresh
i am rambabu 35 years, Govt employee, take home salary Rs25000, i have two children aged 6 years female, 1 year male. for my childrens education and marriage and also my retairment. how much i have to invest, in which area i have to invest, except few LIC life insurance policys Rs7 Laks no savings.
kindly give me some suggestion to invest
thanking you
Rambabu, You should go for diversified and large cap mutual funds through SIP. For your children education, you can look for balanced mutual funds. There are variety of retirement options available. Pls see my articles on how to plan for retirement.
Hi Suresh ,
I have deliema in between to chose Direct / Regular plan ( Mutula Fund ) .I have time horizon 5-7 years. Could you please assit on this.
Nishanta, I could not understand your question. If your question is “SIP” or “Direct lump sum” investment, my advice would be to go through SIP. Through SIP, all market fluctuations would be taken care and you would get benefitted for long term.
Hi Suresh, Appreciate for your time and valuable info to the need. I am an NRI(US) looking to invest in Indian stocks and mutual funds. What is the procedure to invest and investment (10 to 20 lacs) is short term 3 to 6 months initially.Thanks in advance. Nivas.
Nivas, Investment in equity markets is long term game plan. You cannot invest in stocks for short term of 3 to 6 months and benefit. However see my best short term investment options article (http://myinvestmentideas.com/2012/11/6-short-term-investments-options-2013/). However when I mean short term it is not 6 months, but it means 1 to 3 years period. You should be very cautious if you are in hurry to invest for 3 to 6 months, forget about returns, you may loose your capital itself.
I want to invest 40 thousand per month for the period of 3 years or 3 and half year span.
My age is 31 year and looking for short term investment.
My objective it to accumulate money for booking flat in year 2016.
Please plan my portfolio and send me through mail..
detail with amount in each fund .. I will be obliged for this.
Ranjan, Happy to see that you are planning 3 years in advance for your house. My sugggetion is, you should invest in large cap, mid-cap and diversified mutual funds. Some amount you can invest in sector based mutual funds like SBI FMCG.
How about investing in HDFC Mid Cap Fund? What amount/month would be suitable for this?
Thanks
Rohit, you would have already see that it is part of top-10 list. HDFC Midcap opportunites fund. There is no limit of any amount. Don’t just invest every thing in this fund. Diversify your investments across various investment options. In mutual funds too, consider from various categories like largecap, mid cap, balanced, debt funds etc.,
Hai suresh,
Iam new to your blog, you are doing a great job, and your answers are very clear to understand.
Now Iam investing the following MF for Last Two years, Kindly suggest, it is OK to continue (or) I want to make changes in my Investing Plans. ( All those investing for Long term)
1. HDFC Top 200 – Rs.5000 P/Month
2. HDFC Equity – 4000 P/Month
3.HDFC Midcap Oppertunities – 1000 P/Month
4.Reliance Growth Fund (G) – 2000 P/Month
5.Reliance Gold Savings Fund(G) – 2000 P/Month
Looking Forward your valeable reply.
Siva, your portfolio is good except for one. Reliance growth fund, if you are continuing SIP, you can switch over to other good funds like ICICI pru focussed or reliance equity opps fund.
sir following are my investment
SIP- SBI EMERGING BUSINES 10K
BSL FRONTLINE EQUITY 5K
BSL GEN NEXT. 5K
HDFC TOP 200 5K
DSP TAX 2K
HDFC TAX 2K
RELIANCE TAX 2K
TAURUS TAX 2K
RELIANCE BANKING LUMPSUM- 60000 ONE TIME
SHOULD I CONTINUE WITH THESE
AND PLZ ADVISE ME TO ADD MORE GOOD FUNDS FOR FUTURE
THANKS
Umesh, All are good except for one. Taurus tax is a ELSS and is a average performer. If your lock in period is over, you can switch over to other funds. If you like my blog, why don’t you click on facebook like button ?
Dear suresh,
kindly suggest me….
i am 35yrs old and have been investing in HDFC top 200 and SBI emerging busi fund @1000 each. from last couple of months i would like to invest in sip .
could you please suggest any good funds or should i invest more in the same funds.
thanks and regards
umashankar
Umashankar, all the SIP mutual funds indicated here are good. You can go ahead and invest them. HDFC Top 200 and SBI emerging are good for long term
Hi Suresh,
Please let me know the best LIC policy which will give better returns and best Mutual fund where in iam seeking for my kid's further education she has 4 yeares old now.
Thanks in advance.
Srinivas, There are various good policies in LIC where you need to pick and choose based on your requirement. With limited data available, it is difficult to say. Regd your kids education, you may need good money in next 10 to 12 years onwards. For such long term, invest in largecap and diversified mutual funds indicated here.
thsnks suresh,iwill exit from sbi magnum equity fund…but please suggest me some good equity fund to invest…as i have heard that equity fund are very profitable in the long run…
Indrajeet, you can invest in any of the large cap and diversified MF’s indicated here.
HI,PLEASE GUIDE ME .I HAVE DONE THE FOLLOWING INVESTMENT LAST MONTH.
1)SBI EMERGING BUSINESS FUND…2K/MONTH
2)SBI MAGNUM EQUITY FUND..2K/MONTH
3)SBI GOLD FUND…2K/MONTH
4)SBI MAGNUM FMCG FUND…2K/MONTH
5)FRANKLIN TEMPLETON BLUE CHIP FUND…5K/MONTH
I AM NEW TO THIS…PLZ GUIDE ME IF I HAVE DONE ANY MISTAKE
SBI Emerging, SBI gold, Frankin templeton blue chip funds are good for long term. SBI FMCG high risk, high return. You should reduce your allocation to this fund. SBI Magnum equity fund was a good performer earlier (Crisil Rank-3). Currently the returns are < 5% p.a in last 5 years. If an opportunity comes, exit and invest in other good large cap funds. If you are doing SIP, you should switch over to better options.
I am a very small investor and new to mf..could u please list out 5 sip investment which can also gain me good returns in short term with moderate rist. And please do mention the sectors also which we can opt in 2013.
Sridhar, the ones I indicated are for medium term to long term. Short term, you should go for debt mutual funds.
Excellent ! this is so informative. Thanks a lot Mr. Suresh.
This is reallya nice article on MF. My age is 31. I am palanning to invest money for my retirement. I'll invest money in below MF for next 15-20 or may be more except sector fund. I'll leave those fund if I'll get some good return and invest those money in large cap share like TCS, ICICI bank at market lower levels . Here are my funds.
ICCI Pru Focused Blue Chip 3000 large Cap 30%
HDFC Top 200 3000 Mid cap 25%
IDFC PREMIER EQUITY FUND 2500 diversified 20%
SBI megnum Emerging Fund 2500 Sector Fund 25%
Reliance Pharma 2500
SBI FMCG 2500
Reliance Equity Opportunity Fund 4000
Gaurav, You have choosen good MF’s. As you indicated, reduce your portfolio size of sector based funds. The returns good now for them, but if there is downtrend in the industry in any year, you would loose all money. all the best
Hi, Suresh,
Thank you for your valuable comments, I have selected UTI Oppurtunities 1000 per month, SBI Magnum FMCG 1000 per month, HDFC balanced fund, is it good please let me know. It is for my son's education purpose, he is 10 years old now, may be i can invest for 7 years right.
Waiting for your valuable suggestions,
Thank You,
UTI Opps fund, HDFC balanced fund are good for long term. However sector based funds like FMCG are high risk, high return investments. You need to reduce your investment portfolio value on such funds. All the best.
Thanks for the valuable suggestions, then I will go for uti opportunities and hdfc balanced….can I choose HDFC 200 is it good…
HDFC top 200 is good in long term. However there are other better mutual funds. You can invest in ICICI pru focussed blue chip fund which is large cap fund.
Thanks a lot Mr. Suresh.
Hi, Suresh
ICICI Prudential Equity-Volatility Advantage Fund (G) is it a balanced fund and is it good for long term for sip invesment.
Anuradha, this is a balanced mutual funds and crisil ranks it as rank-1. The returns are also good. You can continue to invest and add any fresh investments too.
Very informative posts on your blog suresh. Keep it up.
I'm 24,single and my earnings are 13k/month. Where can I invest in?? Awaiting for Ur suggestions
Krishna, it depends upon your investment objective. If you are long term, invest in diversified and large cap mutual funds.
Thanks for the valuable suggestions on SIP mutual funds suresh. I do want your expertise on other investment options bcause I can only save upto 8k/month. And I just want to take calculated risk.
Krishna, If you have just started investing, you should invest maximum investments in mutual funds. Keep upto 20% in FD’s too. all the best
i want to start SIP in 3 mutual fund 2000/- rs each for 15years. please suggest some mutual funds for me.
Ajay, For long term, I suggest you invest in diverfied and large cap mutual funds.
Hi Suresh,
I have just started sip couple of days before
Birlasunlife frontline. Equity Frostburg- 1000 PM
I am looking to invest around 10000 pm
If you can suggest that would really helpI
I am planning for below mentioned
In addition to above fund also Franklin Templeton Bluechip growth – 1500pm
SBI emerging business- 1000pm
DSP BR micro 1000pm
Birla sunlife dividend plus 1000 pm
I also thinking Uti opportunities fund request your suggestions and some more funds guidance from you
Vipin, I want you to make some modifications. Birla sun-life, UTI Opps, SBI Emerging are good. DSP Mcro and birla dividend funds are underperformers. You can invest in other mid-cap MF’s such as HDFC Midcap opps if you are looking for high return high risk investments.
Dear Suresh,
I have 2 Daughters Aged 1.5 & 6 years simultaneously.I want to Invest Rs.12000 Every Month to take care of there Education & Marriage .Somebody has suggested me to take Jeevan Tarang from LIC but I have got OK reviews from most of investors in diffrent forums.People are suggesting to go for SIP & Others options.
Looking at the Inflation rate & cost of Education what would you suggest should I go in for SIP or some other instruments & If SIP what are the Funds should I target.
Also I wan't to take a Term Plan for 1 Crore Cover which one would you suggest ?
Thanks & Regards
Rakesh V
Hi Rakesh, Regd term plans, there are several plans with terms and conditions. You can refer my article on how to choose a good term insurance plan which gives some idea about you. http://myinvestmentideas.com/2013/01/how-to-choose-best-term-insurance-plans-in-india-2013/
Regd your daughter’s future plan, I feel you should invest in diversified and balanced mutual funds. There are good balanced funds like ICICI Pru balanced fund, HDFC Prudence fund, TATA balanced fund etc., Regd diversified mutual funds, Reliance equity opps Birla India SL Gennex, UTI India life style funds are goo.
Hi Suresh,
I'm new to this blog and was surprised abt your valuable comments. And i invested in 3K months in ULIPS but continued only 1Plan (1K/month) up to 3 yrs another one unable to pay where i'm paying 2K every month paid upto 2.3yrs only i.e., Kotak super advantage plan they said 1st yr premium will get an only maturity i.e, after 20yrs.
Another one 1K paid and contiuting more than 3 yrs In Brila insurance shwoing fund value of only 27K where i paid premium of 36K.
My salry is only 13K per month want to invest good investment plan for my daughter education and marriage her age is 1yr old my age is 27yrs. Kindly advise which SIP is good for us or shall i continue with ULIP both ?
Thanks for your advise.
Regars,
Guna
Hi Guna, ULIP were failed due to its charecteristics and high charges. You should exit from ULIP. Regd your daughter’s future plan, I just responded to one of the readers. I feel you should invest in diversified and balanced mutual funds. There are good balanced funds like ICICI Pru balanced fund, HDFC Prudence fund, TATA balanced fund etc., Regd diversified mutual funds, Reliance equity opps Birla India SL Gennex, UTI India life style funds are goo.
Suresh,
I must agree as a new- commer in mutual fund world, that your article is very helpful and easy to understand. I have short-listed my wish to invest as SIP in 6 funds: UTI Opportunities (G), Reliance Equity Opportunity (Growth), BSL India GenNext – Growth , UTI India Life Style Fund- Growth, BSL Top 100 Growth and Quantum Long term equity – growth. First two funds are already recommended in your blog. Please comment about the 4 remaing that I have provisionally decided.
I also wish to invest lumpsome (from my fixed deposit maturity) in a debt fund like SBI Dynamic Bond or SBI Magnum Income Fund (Growth). Please suggest.
Thanks and best regards.
Subrata.
Good to hear Subrata. I am surprised that that you have choose very good schemes which are diversified in nature. Regd Debt fund, I have started SIP in SBI Dynamic bond fund last month. I feel this is good MF. I would love to hear from you how you have been choosing such good schemes ?
Dear sir,
I have invested in IDFC mutual fund ,HDFC gold fund as SIP 2000 and 500 Respectively.from nov2012.are they performing better. please advise .what should be expected return after 15months.
Akhilesh, which IDFC MF scheme you have invested? All gold funds incl. HDFC gold fund started an year back. Invest in diversified mutual funds. However you should invest for 2 to 3 years minimum to get good returns compared to FD’s
i want to invest in mf.someone suggest me,sbi megnum tax gain,through sip but can homemaker purches this.i invest 1000 per month,can u tell me about it.how to purches and switch
Kalpana, what is your investment objective ? If you want to invest for tax exemption purpose then, go for Can robecco Tax shield, Franklin india tax shield, reliance tax saver. If your objective is to invest for long term, you can invest in large cap or diversified mutual funds which are indicated in this article.
thank u for answering on my question.actually i am planning to invest 1000 rs monthly in mf .i am not invest in mf before.so can u tell me the chages which i will pay
Kalpana, since you are new to investing and want to invest in Mf, you can invest in diversified mutual fund schemes like reliance equity opportunities fund etc.,
hi sir i am 30 yrs old how to invest money in MF give some ideas
Prabhakaran, all these indicated here are good mutual funds. You can start investing except for sector one as they are little risky.
Hello Suresh,
I am quite new to Mutual Funds and have just started investing in them via SIPs. The details are as below:
ICICI Pru Focused BlueChip Eq Fund (G) 1000/month
HDFC Top 200 Fund (G) 1000/month
IDBI Gold Fund (G) 1000/month
and I have invested 5000 in Templeton India ST Income Plan (G).
Please let me know if this is the right decision or I need to change someway. Please help me if this is not right.
Thanks and Regards
Rakesh Ganju
ICICI Pru focussed and HDFC top 200 are good. IDBI gold fund is relative new which has come in last 9 months, cannot comment. Templeton ST plan is ok from performance point of view. I tis ranked by crisil as Rank-5. But it got investor confidence and people invested Rs 5,000+ Crs. You can hold this or buy good Crisil-1 mutual funds.
Thanks a lot for the help Suresh. Is there any option to switch the mutual funds? as I have already paid the 1st month premium? Also which is better diversified or growth?
Thanks
Jaya Bhat
Jaya, switch option is available. In ICICI Direct.com, there is an option to do it with easy. Pls visit the site and MF units section and see the link against the ones which purchased earlier.
Suresh,
I did try to switch it, but with this option I can buy any MF from the same company. I mean if I am switiching SBI Magnum then I need to check for another MF from SBI. So I cancelled SBI magnum Tax Gain Scheme – Growth 500/month and purchased canrobecco Tax shield – 2000/month
Thanks
Jaya Bhat
Hi Suresh,
I have inested in following MF. Some are new addition and some are old ones. Can you suggest which ones to keep and which ones to quit.
SUNDARAM MUTUAL FUND,SUNDARAM CAPITAL PROTECTION ORIENTED FUND – SERIES 2
KOTAK MAHINDRA MUTUAL FUND,KOTAK FLEXI DEBT SCHEME-GROWTH
RELIANCE MUTUAL FUND,RELIANCE DYNAMIC BOND FUND – GROWTH
ICICI PRUDENTIAL MUTUAL FUND,ICICI PRUDENTIAL BANKING AND FINANCIAL SERVICES FUND RETAIL – GROWTH
DSP BLACKROCK MUTUAL FUND,DSP BLACKROCK LYNCH T.I.G.E.R FUND – GROWTH
FRANKLIN TEMPLETON MUTUAL FUND,BLUECHIP FUND – GROWTH
HDFC ASSET MANAGEMENT COMPANY LIMITED,HDFC EQUITY FUND – GROWTH PLAN
HDFC ASSET MANAGEMENT COMPANY LIMITED,HDFC TOP 200 FUND – GROWTH PLAN
RELIANCE MUTUAL FUND,RELIANCE EQUITY OPPORTUNITIES FUND – GROWTH PLAN
RELIANCE MUTUAL FUND,RELIANCE GROWTH FUND – GROWTH PLAN – GROWTH OPTION
RELIANCE MUTUAL FUND,RELIANCE NATURAL RESOURCES FUND – GROWTH
SUNDARAM MUTUAL FUND,SUNDARAM S.M.I.L.E FUND – GROWTH
SUNDARAM MUTUAL FUND,SUNDARAM SELECT MIDCAP – GROWTH
RELIANCE MUTUAL FUND,RELIANCE DIVERSIFIED POWER SECTOR FUND – GROWTH
Kamat, pls see the responses, it answers most of your questions. If uncovered, send only specific questions.
Dear Suresh ,
I am presently living in middle east. Have already invested in MF since last 3 years. I am looking for a long term investment. Request your advise if my current investments are ok and also tips for my future investment.
My current investments are-
FT INDIA DYNAMIC PE RATION FUND OF FUNDS -GROWTH
JP MORGAN INDIA FIXED MATURITY PLAN SERIOES 302 GROWTH
ICICI PRU MULTIPLE YIELD FUND SERIES 2 PLAN E DIVIDENT PAYOUT
JP MORGAN INDIA HYBRID FUND SERIES 1 GROWTH
JP MORGAN INDIA INCOME FUND SERIES 501 GRWOTH
FRANKLIN INDIA BLUECHIP GROWTH-SIP
HDFC TOP 200 GRWOTH-SIP
PRU ICICI DYNAMIC PLAN CUMULATIVE -
PRU ICICI DISCOVERY FUND GROWTH-SIP
SUNDARAM SELECT MIDCAP GROWTH
TEMPLETON INDIA GROWTH FUND -SIP
UTI OPPORTUNIES FUND GROWTH- SIP
Please advise if i should continue with these or go for some better funds. I am looking for some new investments as well.
Warm regards,
Rajiv
Rajiv, here are my recommendations:
FT INDIA DYNAMIC PE RATION FUND OF FUNDS -GROWTH - Fund of funds – Returns are average – continue for some more time and exit with littler higher returns
JP MORGAN INDIA FIXED MATURITY PLAN SERIOES 302 GROWTH – This is FMP, returns can be computed at the end of the maturity period. Cannot analyse.
ICICI PRU MULTIPLE YIELD FUND SERIES 2 PLAN E DIVIDENT PAYOUT – there are multiple ones with this name, pls be specific
JP MORGAN INDIA HYBRID FUND SERIES 1 GROWTH – there are multiple ones with this name, pls be specific
JP MORGAN INDIA INCOME FUND SERIES 501 GRWOTH – there are multiple ones with this name, pls be specific
FRANKLIN INDIA BLUECHIP GROWTH-SIP – Good fund – Stay invested
HDFC TOP 200 GRWOTH-SIP – Good fund – Stay invested
PRU ICICI DYNAMIC PLAN CUMULATIVE – Thought this fund was good some time back, currently it has lagged behind. Returns are average. Don’t advice for fresh investment. If you have invested, you can continue for some more time and exit.
PRU ICICI DISCOVERY FUND GROWTH-SIP – Good fund – Stay invested
SUNDARAM SELECT MIDCAP GROWTH – Avg returns – Wait for some more time and exit – No fresh investment suggested
TEMPLETON INDIA GROWTH FUND -SIP – Below avg fund – Exit
UTI OPPORTUNIES FUND GROWTH- SIP – Good fund - Invest more
Hi Suresh,
I am new to MF. I wanted to invest in mutual funds with Tax benifits. I have invested in SIP for
Franklin Templetion Mutual Fund – Blue Chip Fund Growth – 1000/month
Franklin Templetion Mutual Fund – Tax Shield Growth – 2000/month
HDFC lonf Term Advantage Fund – Growth – 500/month
ICICI Prudential Tax Plan – Growth – 1000/month
SBI magnum Tax Gain Scheme – Growth 500/month
Total 5000/Month
I am not sure if I did a right choice or not also if not right is there any option to switch the MF? I have paid one month Premium. Please advice.
Thanks
Jaya Bhat
Jayalakshmi, Good to hear that you joined the MF world. Here are my suggestions. 1) Franklin Tax shield fund is good (Crisil-1 with 12% annualised returns in last 3 years); 2) HDFC Longterm advantage fund (Crisil rank-3; Avg returns of 10%) and ICICI Pru Tax-Crisil-3 avg returns of 10% annualised returns in last 3 years; SBI Magnum tax gain-Crisil-3 avg returns of 7% annualised returns in last 3 years; Why you need to comprimise on low crisil ranking and less returns MF’s when there are better options; Try these instead: Axis-Long term equity fund; Franklin-Tax shield; Can rebocco-Tax saver fund; I am not saying these would provide extraordinary returns. Since these are tax saving schemes, the returns would be limited, but these are better than what you invested. I would also like to know who has suggested such MF’s for you ? You can mail to suresh@myinvestmentideas.com for my analysis purpose.
I am new in mutual fund world. I am a professional, aged 54 years. At present I am running SIP for HDFC Top 200 fund. I wish to invest (by SIP) in either UTI Opportunity or UTI Dividend yield and DSP BR Equity or DSP BR Top 100. Will you please suggest?
Welcome to the mutual fund world Subrata. UTI Opportunities is Crisil-1 ranked MF with good returns. You can investe. UTI-Divident yield, DSP Br Equity and DSP BR Top-100 are crisil-3 and average returns. There are better SIP’s which you can invest. You can invest in any other mutual funds which I suggested
As per your article and other advises from around me i want to start investing in MFS with a small SIP Rs. 5000 per month.
I have other investments in equity markets and Banking FD’s.
Am a first time investor in MF am 27 years married with a Kid and earn about 10 lacs per annum.
Horizion for investment is between 5 to 10 years looking forward with a goal of earning 10% per annum with a medium risk taking capacity on my choices please correct me if am wrong anywhere.
My choices for MF’s which can suit my goal and risk
1. Large Caps – DSP Black rock Top 100 Equity – 1000/month
2. Large & Mid Cap – Icici Prudential Dynamic Plan – 1000/month
3. Balanced Fund – HDFC Prudence – 1000/month
4. Tax Planner – Canara Robeco Equity tax saver – 1000/month
5. Debt Fund – SBI Dynamic Bond Fund – 1000/ month
TOTAL 5000/MONTH
Await your feeds and suggestions want to start it asap.
Regards
Bhavik
The top-10 SIP’s indicated in my article are good. Regd your choices, DSP Top-100, ICICI Pru dynamic plan are ranked Crisil-3, returns are far below other MFs, HDFC Prudence is crisil-rank-2, returns are average, you can invest, but there are better funds. Canrebocco is good, SBI Dynamic bond is also good.
Hi suresh,
It is really nice article. I'm looking to invest 20000 per month in MF for next 10-15 years. My age is 31 so I can take risk. Would you like to suggest how to divide my money in different MF options.
Gaurav, thanks. You can invest in 4-5 mutual funds from this top 10. However select other than sector based mutual funds as they are little high risk.
Hi Suresh, I am new to your blog, it was really helpful,i want to invest in SIP, which is the best one for 10years 1000/3, per month. Where to contact in Mysore, is pan card necessary for sip, waiting for your valuable comments.
Thank you,
Anuradha, good to know that you like my blog. All the SIP MF’s indicatd on this article are good. To start with, you can choose largecap mutual fund and increase your portfolio with other SIP’s. 1) You can directly apply for SIP to concerned mutual fund scheme on their websites. You need to have internet banking to do this. 2) Alternatively you can choose any of the brokers like ICICI Direct where you can purchase or sell MF like any other stock. As per my knowledge PAN card is mandatory to apply for MF SIP’s.
Your tips are fantastic. It crisp, and to the point.
Keep up the good work. You are making us knowledgeable through your writing.
Cheers!
Hi Suresh,
I am following your article frm just couple of days and I must say within these short term I became afan of your blogs..Hats off man ….
Very good article.. nicely written, easy to understand for new investors who needs direction to start investment in SIP.. Thanks a lot Suresh!!!
Thanks Deepali for encouraging comments.
good and informative.