September 26, 2010 11:05 am
Can some one tel me which is the best Mutual Fund in India ?
You must review all your financial Goals and Investments periodically ( Max. 2 years) and change strategies accordingly. Also keep eye on current market trends as sometimes particular Sectoral Funds gave a very good returns but after some international or national changes that sector doesn’t perform well.
Also keep your funds Diversified and In Large Cap as well as Mid Cap Funds at least for 4 –5 Years Don’t Evaluate from a year performance of a fund.
Apart from the funds discussed above, DSPBR Equity Fund is one of the consistent funds. You can check its track record over the years. I have invested in the same and have received over 25% returns over the last 6 months.
yes HDFC top 200 , HDFC Equity , DSPBR top 100 etc are some of the very long term winners . I also recommended them provided you review them again in 1-2 yrs and dont take them at face value just because they are best right now .
One of the best funds in ELSS category was SBI magnum from last 10 years , but from 2007 when the management changed , it has become a less preferred fund and is not recommended now as there are much better funds now .
I don’t know whether it is THE BEST or not but HDFC TOP 200 is one of the well managed fund since its inception so I would also recommend it too.
Disclaimer: I am not a financial expert or guru, I am just saying it from my own personal experience.
Lets say you got the best mutual fund today and you invested . Now what ?
What after 3-6 months ? What if it has gone to 3rd position ? now what do you do ?
so looking for the best mutual fund is something like you are saying which is the best person to marry ? If you have to marry for long term , you have to find a decent person who meets your expecations and thats all , you have to make it best , the decision to be taken is before the marriage .
Give time in selecting a good mutual fund which has been around for good time with great performance and then stick to it and give it time to perform , dont hunt for “best” , there is nothing like that .
My choice is HDFC Top 200.
you can visit following link to know more about this fund.
what you guys feel?
Absolutely. You hit the nail on the head with that one. It’s a great fund. The best, in my opinion.
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