Please suggest a mutual fund( in India) which can give the highest return in short terms say 3 years?

Yes, higher the profit, higher the risk. Please note I would like to get a practical answer. Not an advice like- MF are risky, bla, bla,..
In short, what a middle class Indian( who doesn't mind taking 100% risk) should do to make maximum profit from a MF in a short term,say in three years?

Sir
If any body know this answer then he would not be reading yahoo answers.
In last one year the best performing fund was JM basic industries with around 87% return and yes nobody predicted that it will do good as its a sector fund and invests in petroleium companies. Who knew petroleium prises will go up. Can you tell??no but yeah we can guess.

My guessing would be to invest into Fidelity india special situations or a franklin Prima. (though prima has not performed for some time now. Funds fundamentals are pretty strong)

Regards

My friend, 3 years is not a short term, it can be said as medium term in case of mutual funds.U have proper time to invest money and u can see ur investment growing. So first choose 4 to 5 funds from different fund houses. Choose 1-2 sectoral funds and 1-2 to diversify equity funds and invest in atleast 4 to 5 places. It will diversify u risk and u will get good return. As i suggest.....4-5 funds are written as............
1.Icici prud sercice industries fund
2.Tata infrastructure fund
3.Fidelity equity fund
4.Icici emerging Star fund
5.Reliance equity advantage fund
For more information call me at 9891354018[delhi]
OR mail at
abhi_mis14@yahoo.co.in
I m amfi-certified broker in mutual funds residing in delhi n working in delhi n kanpur..........

know one knows what fund (or stock)will perform best in the next 3 years. And those that performed the best in the last few years are likely not to repeat. Most Mutual funds are not designed to make maximum profit in the short term-just the opposite they diversify by investing in a number of stocks - so one or two hot stocks will not make the fund go very much higher. The quickest way to make a lot of money in three years is to put all or most of your investment is one or two stocks. It is also the best way to lose a lot of your money. Really with such a short timeframe you are not investing you are gambling.

The India Fund