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POSTED BY ON May 31, 2013 12:19 pm COMMENTS (4)
Hi Experts, I am planning to Invest in MF for 5 years. 10K each month. I was thinking of 50% in DSPBR Top 100 and and 50% HDFC Prudence to have Large Cap and Balanced Fund. DSPBR Top 100 performance is not good in last 1 year however it has done well in long term like 5 year. Can I choose this Fund or choose something like HDFC Top 200, which almost many people invest and AUM is also very huge. I am new to analysis itself. Just trying to select a Fund by myself. Please advaise.
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Thank you so much Ashal.
When you invest in equity (5 star fund or 10 star fund) for 5 years be prepared to lose money.
Historically there is close to 10% probability of losing money when you do a SIP for 5 years
See
http://freefincal.wordpress.com/2013/04/21/comprehensive-mutual-fund-investment-mode-comparator/
You can get returns with peace of mind in a debt oriented balanced fund like Reliance MIP.
10 Star…. LOL
Dear Sarvanan, you can start with only one fund also. Be it DSP Top 100 or HDFC Prudence. No need to panic at this time. Even a multicap fund like Quantum Long Term Eq. fund ‘ll also do good.
Disclosure – I’m investing my own money into Quantum Long Term Eq. fund.
Thanks
Ashal