Hi,
I am going to start SIP in these below mutual funds for next 10 years starting from the month of June. The mutual funds are:
IDFC Premier Equity Fund – Plan A – Growth :::::: 4000 monthly
HDFC Balanced Fund – Growth :::::: 4000 monthly
ICICI Prudential Focused Bluechip Equity Fund – Growth :::::: 2000 monthly.
And also I am planning to sell these funds which I had, and please give your suggestions where to invest the money on
1) Principal Tax Saving Fund started on 04/09/2007 as SIP for one year monthly 1000 and stopped in august 2008. The present value is 8,428
2) SBI Magnum Tax Gain Scheme 1993 – Dividend. started on 04/09/2007 as SIP for one year monthly 1000 and stopped in august 2008. The present value is 7,535.
Please let me know if I need to post any more details.
Thanks
Madhava ram