inquiry for best MF biraja sankar sahoo, 17 Dec 2013

1-Please suggest me to invest Rs 1000/ month as SIP in which mutual fund that yields me a20% return in 4 years 2-will I stay investing in sbi gold sip fund for rs 2000/month which I continued investing since 2 years

Fintotal Answer

Hi Biraja, you may start SIP in HDFC Prudence Fund. It is suitable for medium term investment i.e 4 years. The fund's 5 year return is around 20% and it is one of our recommended funds.  It is a good decision to hold SBI Gold Fund as gold is a inflation beating product suitable for long term investment. 

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