Am totally new in the world of investment except investment in bank & post office.
But now I want to invest in
1) HDFC Capital Builder,
2) HDFC Top 200,
3) Reliance Growth,
4) Prudential ICICI Discovery
Please tell me the merit & demerits of the above and if these are okey for current investment then please tell me the steps to be followed to purchase in details.
HDFC Cap Builder: It invests across caps. Tilts its porfolio to either mid or large cap depending on mkt situation. It is a avg performer when compared to it peers.
HDFC Top 200: This fund is primarily a large cap fund. It has above avg performance. Managed by Prashant Jain, a very good fund mgr. HDFC has a gr8 fund mgmt team.
Reliance Growth: Fund size has grown too large. It is primarily a mid to small cap fund. Hence it is difficult to perform with such a large fund size, eventhough it is being managed by a gr8 fund mgmt team. A better option would be JM emerging leaders fund. I have personally met the fund mgr - sandip sabharwal. And I feel more confident that he would perform better.
ICICI pru Discovery ...more