I will be investing 1 lakh per year in PPF. After that I plan to do invest of Rs. 10000 per month (as SIP) in Mutual Fund for 6 years and additional Rs. 6000 per month (as SIP) in Mutual fund but only for 1 year. From the views different experts have shared in this forum, I have shortlisted following few funds where I am thinking to invest this amount
1) Franklin India Bluechip
2) BSL Dividend Yield Plus
3) HDFC Top 200
4) HDFC Prudence
5) IDFC Premier Equity Plan A
6) DSP BlackRock Top 100
I am confused whether to invest equally in each fund. Another point is in which fund to invest for only 1 year and in which funds to invest for 6 years. I do not plan to withdraw any money which is invested in these funds for next 8 to 10 years. So considering this scenario, I would like opinion about whether it is worth to invest in mutual fund and if yes then how should be the distribution?
Thanks
-Yogesh