Question by : Mohandhas , Nagercoil
Dear Mr..Mohandhas
We suggest that when you invest in equities either direct or through the mutual fund route, it is best to take a long term view of at least 3-5 years towards realizing decent returns. In the current scenario, it is best to invest in diversified equity mutual fund schemes rather than taking a sectoral call. Some of the good diversified mf schemes that you can consider investing in are IDFC Imperial Equity Fund, ICICI Prudential Dynamic Plan, Sundaram BNP Paribas Select Focus Fund, Birla Sunlife Frontline Equity Fund.
If your investment horizon is 6 months, then you can consider investing in Income and Gilt Funds. These Funds are debt oriented and seek provide regular income to the investor alongwith capital appreciation with limited risk. These funds primarily invest in government securities, corporate bonds, certificates of deposit, commercial papers, etc