Suggest best mutual fund in india for investment and support your advice with comparison?

investment of Rs.40,000.00 for a period of 1 year
and another investment of Rs. 65,000.00 for 3 years

search on valueresearchindia.com or mutualfundsindia.com.Also watch a programme on mutual funds(Fund Ka Funda)on starnews at 1.30 pm on sunday.They call in MR Dhirendra who is a very well known analyst.Queries just like that of yours are solved.Also the best time to invest in mutual funds is when the stock market is on a down trend (like in may when it was 8,900)as you would be able to buy more for less price.If ur a mumbaite then BSE conducts workshops (recently it will be conducted on 22-23rd of this month.)As per me equity diversified funds and balanced funds are the best option and since tyou r new invest in mutual funds like sundaram midcap funds or any other with a good proven track record.

Mutual funds are risky, returns taxable & hidden charges. Invest in life ins so that principal is safe, good returns as best mutual funds. Investment in ins are deductible from income u/s 80 C, proceeds are free from tax u/s10(10) D. I am a C.A., mail me at sunil05kumar@yahoo.co.in Report It

ICICI is said to be maintaining the best fund in India. Anyway I would suggest that instead of investing in one block, investing on a regular basis gives more returns. This is called Systematic Investment Planning ( SIP), which gives a high rate of returns over a period of time. Ask for a working model of SIP wherever u invest. U will understand the difference in returns.

For the said amount u can also invest in Insurance (products with equity link). This will give u both - insurance as well as investment with returns. Try ICICI Pru Life Insurance - they have some very good plans & compare them with Bajaj Allianz & HDFC & TATA AIG.

All the best.....

No one can suggest what is a best mutual fund for you.
You need to find a mutual fund that meets your investment objectives, either accepting higher risk to get better rate of return, or accepting low risk to get a conservative rate of return.

Then you need to check the fund's past performance, annual fees, and who manages it.

following link can be useful to you
http://mutualfundsofindia.blogspot.com

Invest your money into 3 mutual funds from 3 diferent reputed fund houses with good track record.
- My picks;

HDFC Equity fund
Reliance Equity Opportunities fund
Franklin Flexicap Fund.

Reason for choosing these funds...
a). all 3 are from reputed fund house.

b) HDFC equity fund is superb fund check for any time period for the last 10 years they have delivered super results both is good and bad markets.

c)Reliance has great experience and so is this fund's performance since it's launch.

d) Franklin also has great experience like above 2.

For details regarding fund performance check www.valueresearchindia.com
or
www.mutualfundsindia.com
or
www.moneycontrol.com

Why flexicap or opportunites fund? Because they can choose from large, midcap and small companies as the market changes. So experience of fund Manager is important here.

good luck.

Association of Mutual Funds of India-
The trade association of mutual funds; has some useful information about funds.

www.amfiindia.com/