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Ashok
Lv 7
Ashok asked in Business & FinanceInvesting · 1 decade ago

How can i invest in well-diversified equity mutual fund schemes through SIP.?

What is the procedure ?

What are the pros and cons ?

I intend to invest 50 K in a year. I am Govt. Servant based in Delhi.

Thanks

4 Answers

Relevance
  • 1 decade ago
    Favourite answer

    First you pick the best equity diversified mutual funds that gave good returns in the past.Then you can invest either online,by any mutual fund agents or directly from CAMS or AMFI office.Banks (like Axis bank,HDFC bank etc) also serves as mutual fund agents,so visit any of the branches of the above banks and they will do the needful for your investments.Always choose a portfolio of 3 -4 funds from different category like largecap,midcap,smallcap etc. and allocate the money in 30(largecap):50(midcap):20(smallcap) ratio and this combination will give you best return possible.HDFC 200,Birla Sunlife,Prudential Discovery,Reliance midcap,SBI magnum,Sundaram midcap are the best funds.You can also search the best funds from the following website:

    www.moneycontrol.com

    www.valueresearchonline.com

    for further query you can mail me at

    askayan@yahoo.co.in

    Source(s): www.moneycontrol.com www.valueresearchonline.com
  • 6 years ago

    Process to invest through SIP:

    1. You can invest in any equity mutual fund provided you have all documents in place. You will need to furnish an address proof and an identity proof towards your KYC norms.

    2. Once you have your KYC documentation in place, you can open a mutual fund investment account with any mutual fund company.

    3. Most good mutual fund companies allow you to fix an Electronic Clearance System where the desired amount of money is deducted from your account towards a Systematic Investment Plan (SIP) automatically.

    Choosing a mutual fund:

    1. Choosing the right mutual fund is the key in order to make substantial returns over a period of time.

    2. Make sure to check the mutual fund's previous performance, its investment fundamentals and exit load.

    3. You can check the past performance of the fund, its portfolio before investing.

    There is no short cut to generate quick returns. However, good funds can offer you substantial returns over a medium to long tenure.

    To know more on investing in mutual funds over short to medium tenure, read -> http://blog.bankbazaar.com/how-to-invest-in-mf-whe...

  • zurn
    Lv 4
    4 years ago

    Now Reliance mutual fund grant sip+insure for 360 cases reliance organic source, reliance varied skill sector fund, reliance regular saving fund fairness, bnp sundram pick concentration, midcap, sbi mangnum fairness fund., some stable mutual fund for sip. any mutual fund are making an investment earlier you element one element in destiny on affected to that fund

  • 1 decade ago

    You can invest thru many route.

    1) Go to AMC website and register and buy fund online

    2) Open account with bank and you can buy fund from them

    3) Thru distributor

    First find your risk level , goal , and time horizon and based on that select the fund type.Put money slowly , otherwise risk of loosing.

    Have you selected any fund name ? open account with ICICIdirect , sbi , hdfc , sharekhan, Karvy and directly buy online thru them

    or go to HDFCmutual fund , franklin MF etc site and buy individual fund...

    What pros/cons you are talking .. ?

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