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Mutual fund selection is it OK in SIP (12 Installation) or STP Mode (1 Installation)?


Ihave selected following funds through SIP mode as mentioned below:

1) SBI MAGNUM MSFU CONTRA
2) RELIANCE GROWTH
3) JM BASIC FUND
4) DSPML TIGER FUND
5) HDFC TOP 200 FUND
6) FRANKLIN INDIA PRIMA PLUS
7) STANDARD CHARTERED PREMIERE EQUITY
8) ICICI INFRASTRUCTURE FUND
9) JP MORGAN INDIA EQUITY
10) KOTAK OPPORTUNITIES

This is initial recommendation, subject to required modifications as per the changing financial scenerio. Besides this does not include overseas fund which can be included in consultation with you. Some of them can be named as below:

1) TEMPELTON INDIA EQUITY INCOME FUND
2) BIRLA SUNLIFE INTL EQUITY FUND
3) PRINCIPAL GLOBAL OPPORTUNITIES FUND

Pl rever as soon as possible
parekhbg@yahoo.co.in

Mutual funds are time tested and rewarding instruments for long term investments. Selection of a particular fund for investing is critical to the returns sought by the investor. Basing the selection of a fund on the developing sector in the country is a good criteria. Currently, Infrastructure funds ought to do well; among others, Reliance funds would prove good for the long term returns.

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