Thread: Which is the best Mutual Funds in India?

After long thinking, I have decided to plunge into mutual funds and wanted to get opinions from experts, if any, out here in this forum, I want to know which is the best performing mutual fund at the moment in India, even in the ups and downs of stock market?

Originally Posted by xwhyz

After long thinking, I have decided to plunge into mutual funds and wanted to get opinions from experts, if any, out here in this forum, I want to know which is the best performing mutual fund at the moment in India, even in the ups and downs of stock market?

Best MFs are those which are giving good year over year results, The one common property of such funds is that they are diversified. Many experts say that diversified equity funds are better than Thematic funds. Reliance Natural Resources Fund which lauched last week is an example of a thematic fund where the fund invests in stock that are linked to a theme. On the other hand HDFC Equity Fund is a diversified equity fund.

To check the good funds, login in sites such as Moneycontrol.com or Rediff, that tell how the funds are doing.

Stay invested for at least three years as there are no quick returns in MFs. Some people also advise to stay away from New Fund Offers (NFOs) because such a fund is not proven. I agree to a large extent but not completely. Moneycontrol.com has a lot of articles.

MFs are of tro types - Growth and Dividend. In the former, the gains from you investment is pumped back into the market whereas in the second you get the gains back in form of dividends. The NAV of growth funds is higher. If you are looking for good appreciation after a period of 3/4 years, growth funds are better option.

I have mentioned some good funds in this thread: http://www.indiabroadband.net/buy-se...re-market.html.

One final note: When investing in MFs, do not think in terms of number of units owned but think in terms of total asset value. For example do not think that I should not invest in some fund because its NAV is very high. Think about the amount being invested and the likely returns.

Thanx just4kix for such a detailed info on mutual funds, very useful. BTW, I know there is also another category available in mutual funds and that is the tax saving mutual funds, which has a lock-in period of three years, do you think that it is worth to invest in it? If yes, what about SIP option on tax-saving MF.

Mutual funds or equity.. now is the time just pick up anything that has dropped a lot last month.. dont spend all your money.. may be 25-30 % of what you actually want to spend and pick up more on every dip.. thats the way to go.. so you start up with an added advantage of 10-25% as almost all of them are down by as much as 20-25%

I dont invest in mutual funds as I am more of an equity guy and to be honest the bull run is over and in my opinion now is the time to make money as the markets are going to be very very volatile starting from today By the way markets havent opened yet but in my opinion its going to be a very good day for Indian markets.. and investers as there is so much to pick up from all the undervalued stocks

Pick of the day : Punj LLoyd is where my money is going today

By the way wouldnt it be good to have a stock market section? Are there any equity tycoons around here?

As i trade/invest in the stocks market, i simply have no interest in MF. They take a lot of time for capital appreciation & in my own experience there is no mutual fund that promises super performance in ups & down of market. they only said that in there ads. well but MF is safe otions for the ppl not willing to take risk directly in market. to best of my knowldge Reliance & SBi MF always rocks. they have huge consumer database. not so deep idea about the rest.
BTW whts yr purpose of pouring money in MF? if its related tax saving then the months feb-march always flooded wid such MF