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Mutual Funds Thru Trading Account

Hi,

I want to start SIP Mutual Fund investment, never done before.
I have selected two funds 1.) HDFC Equity and 2.) Canara Robeco Equity Tax Saver to start with, please suggest other MF also.

I have sharekhan trading account, which allows me to buy above MFs online to my account. I think thru sharekhan I have option to buy same MFs anytime (when market downs) or any date with any amount, compare to SIP I guess selected date every month buys MF with same amount.

Is it good to buy MF by own or to do thru SIP ?

Thank you!

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