You could chose from anyone of the follwing top Equity schemes for good returns (in the order of preference):
1. HDFC Top 200 fund
2. Reliance Growth Fund
3. Birla Sunlife Frontline Equity Fund
4. DSP Blackrock Top 100 equity Fund
5. Franklin India Prima Plus
They have all given excellent returns in the last 2 years. Happy investing

Better to investin hdfc top200, 1000/- pm

The question is to short to have an accurate answer. Since your profile is not clear here, no one can really provide a correct answer. the reason I say so is because no mutual fund is good or bad. The more important thing is whether it is good for you or not. And whether a fund is good for you or not, depends on many factors that are not clear here. Like if you are a young person and can take good risk, sector funds and aggressive equity funds could be best for you, if you are in middle age with kids you may be better off with low risk equity funds and if you are closing in on you retirement you may need balanced fund. What I say here is very generic. What you need to do is to get your financial planning done. It is like building your house. When you build your house, the first thing you look at is the plan. You do not start building directly, do you? But most people start building their financial lives without a plan. They just start purchasing products they think are most appropriate ...more

The best Mutual Fund is http://money.rediff.com/mutual-funds/reliance-regular-savings-fun d-balanced-growth/14051984/2066 i.e. Reliance RSF fund its a superb fund

just click the above link & go through it

with rgds,
Himal H. Karia Jamnagar Gujrat

Many are good canara robeco hdfc idfc etc

I read a very good cover story on Dalal Street Investment Journal where they have shown detail research on Mutual fund. Its very informative and useful. to read more you can go to:
http://www.dsij.in/Archives/Archives2010.aspx and
http://www.dsij.in/Archives/Archives2009.aspx
It will help you out
Source: Dalal Street Investment journal
www.dsij.in