A guest in moneycontrol messageboard wrote : "I want to invest @10000 per month in the mutual funds for next 15-20 years.
can somebody suggest me which funds to select.i want total of 6-7 funds which are having good track record,and which will give me very good returns.I can take medium to high risk."
Srikanth Shankar Matrubai replied : "Dear Guest, your time horizon of 15-20 years is very good. With this kind of time horizon, you can easily expect a return of above 20% if you invest in Good Quality Funds. I will give you some fund names., you choose the appopriate ones.
1. Birla Sunlife Equity Fund
2. DSPML Top 100 Equity fund
3. Fidelity Equity Fund
4. Templeton India Equity Income Fund
5. HDFC Prudence Fund
6. HDFC Top 200 Fund
7. Reliance Growth Fund
8. Sundaram Select Focus Fund
All the funds listed above have performed well both in bull and bear markets and should comfortably give you above average returns. If you had give your age and other details, the fund choice could have been more specific.
Best of luck.
Srikanth Shankar Matrubai"
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