Which are the seven preferable mutual fund to invest for three year time which gives maximum return.segregate?

sugeest in which continues focus not required & which will give high return

Some of the funds that I have seen being invested as a Systematic Investment Plan are:

Franklin Flexicap - Dividend (reinvested)
HDFC Equity - Dividend (reinvested)
HDFC Tax Saver (3 Year LOCK IN) - Dividend (non reinvested)
HSBC Equity - Dividend (reinvested)
Reliance Vision - Dividend (reinvested)
SBI Magnum Contrafund - Dividend (reinvested)
Sundaram Select Mid Cap - Dividend (reinvested)
Templeton India Growth - Dividend (reinvested)

Three years is not really a sufficient time frame for investing in mutual funds. If you had invested in most at this time in 2000, by this time 2003 you would have suffered a rather sever loss in most. I do agree that is a special case, but nevertheless does prove a point.

I do not think that I can pick 7 for you that will give maximum returns. I can however pick 7 that I consider good long term investments.

1. PENNX --- small cap stocks
2. TDF -- Chinese stocks
3. IIF -- Indian stocks. Currently Indian stocks are rather high priced. This may over 3 years give a negative return, but most likely not
4. GAM -- this fund has a super long term record spanning almost 80 years.
5. SPY -- Go with the large cap stocks and low expenses
6. PID -- International stocks that increase their dividends
7. IJH -- mid cap stocks

DODFX, Dodge and Cox International is one that you should definitely look at. Great record for the fund recently and great record for the company and managment team for a long time.

Three years ? Good returns? No need for constant watching?
Okay...two areas that will probably make money over lengths of time...Energy and Real Estate....so I would start with two real estate funds.....FRESX ( fidelity's U.S commercial/income real estate)
...and IGR ( cohen& steers international real estate)
For energy....ICENX ( all out invested in energy globally)
.....EUROX ( large Eastern Europe fund- heavy on energy)
Now, for three more " funds" ...PASMX ( small cap stocks...grow, grow)...........WWNPX ( invested in a wide range..large/ small growth/ value...just consistantly profitable).......JAOSX ( a Janus fund invested in global mkts)
Those seven should cover it, but you could also look into index funds with ETF's or country specific ETF's.......
Ooops... one more worth considering...an ETF investing in "dividend paying" companies in many mkts...DVY ( should accrue some nice gains in three years)
If you're not familiar with ETF's check into this site:
http://best-of-etrfs.com/family.asp?fam=...

icici dynamic,power.hdfc eqity,multicap,reliance groth these are good in my expierience