POSTED BY March 7, 2011 2:46 pm COMMENTS (2)ON
Please suggest any two or three best mutual fund schemes for investing as SIP for an amount of Rs.10k per month for 3 year horizon. Exactly after three years I will need this fund for downpayment of my second car.
Should i invest in Large cap/mid cap/small cap/aggressive funds/ or a mix of these. I have a moderate to high risk apetite. but not very high….
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2 replies on this article “Best SIP funds for 3 year horizon”
I would say you go for pure debt funds or at max balanced funds . Dont go for pure equity funds as they might not help you get the total sum at the end of 3rd year . anything below 5 yrs should be considered high risk .
Incase of moderate to high risk you can split your investments in below funds –
DSP Eq. fund.
HDFC Eq. fund
ICICI pru discovery fund
Reliance Eq. opportunity fund.