Originally posted by stockquery
Basant Ji,
can you please suggest some good MF schemes in which i can enter through SIP or through one time investment.Also wanted to understand your views whether one time investment in MF is better or SIP.considering direct application.
Answer:
Agree with Basantji on the choice of HDFC Top 200 and /or HDFC Equity as both are consistent performers over the last 3-5 years.
Other than these, you can definitely look at DSP Blackrock Top 100 fund as they have been performing phenomenally well inspite of last year.
However, all these are large cap schemes and will mimic the index.
Depending on your time period of investment, you can even look at mid cap schemes - IDFC Premier Equity, Birla Sunlife Midcap Eq. Both of them have shown tremendous consistency in performance.
SIP's are definitely a good way to invest considering the current run up. You can look at an investment into corresponding liq funds from the various fund houses and do a switch into equities through a Systematic Transfer Plan (STP) into equities.
Happy investing.
Arijit