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Q.

I want to invest 25000/- Rs in M F for 6-7 months . Which one will be best for me?Is SIP is better for me, pls suggest?

About: Mutual Fund: Sundaram BNP Paribas Select Focus - IP

Asked by sushil kumar, 30 Jul '08 05:09 pm
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Answers (1)

1.

In falling / Volatile Markets, it is better to follow SIP strategy. Invest in MFs with long term view. Divide your investment into 2 or 3 SIPs from different Asset Management Companies. Currently, following funds are highly rated:
a) Sundaram BNP Paribas Select Focus
b) HSBC Equity
c) Reliance Regular Savings
Investing in Tax Saving MFs will serve the purpose if you have long term view (>3 years). In current market, Good tax saving funds are
1. Sundaram BNP Paribas Tax Saver
2. Principal Tax Saver
(Ref: moneycontrol.com)
Answered by finstrategist, 30 Jul '08 10:20 pm

 
  
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