HI,

Just wanted to let you know about Systematic Invetsment Plan(SIP) in
Mutual Funds.

I have been Investing in few schemes of HDFC & Templeton. The
returns I have got in the past 3 years is more than 45%.

This is how it works.

I woould recommend you guys to Invest in HDFC Top 200 Equity Find
(Growth Option) Why this Fund ? Because it is broad based fund. If
their is "Teji" in any one sector and "Mandi" in another, still the
NAV will appreciate.

Initially put some amount say 5000. Then depending upon your Income
and risk bearing capacity, invest a fixed sum monthly, Minimum of
Rs1000 or Higher.

I was not sure(3 years ago) this would work well but it did. Look
into Templeton India's Monthly Report available with your
broker/agent. The report compares how SIP is better than anything
else.

Most of the Salaried folks in the United States Invest in this
manner through their 401K.

For persons with big Appetite, Look @ the following funds. I like
them and I talk to their fund managers as well(Directly/Indirectly).
If their is anything bad or negative, I will post on this Message
board about the same.

1. HDFC Equity Fund
2. HDFC Prudence Fund (It is a Balanced Fund)
3. Templeton India Equity Fund (Managed by Dr Mark Mobius)
4. Franklin India Bluechip Fund
5. Franklin India Prima Fund

Note first perference is always for HDFC Top 200 Euity fund and then
the rest of the above.

All of the HDFC funds mentioned here were formerly under Zurich.
Zurich's performance in India has been excellent but due to some
stratergic planning @ the head office they sold the entire folio to
HDFC. Fund Managers from Zurich are still looking after those schemes.

Personally I hate funds started by HDFC. They are the worst
performers. But the above funds(Transferred fro mZurich to HDFC are
still under the old Fund Managers). They are ethical. They are good.


Cheers
For DalalStreet.Biz

*I may not be held responsible for your Losses. You are doing them on
your own.*