Which fund should i invest as SIP for having good return? Shyam J, 25 Jan 2013

Hi, I am 30 and i wish to invest 5000 for newly born baby for his higher education having time horizon of 20 years ,in which fund should i invest as SIP for having good return?

Fintotal Answer

Hi it’s nice you want to choose a mutual fund rather than a child insurance plan. For your case you can choose SIP in a good diversified equity fund mainly investing in large cap shares. HDFC Equity Fund, DSP BlackRock Top 100 Equity Fund, Canara Robeco Equity Diversified Fund, Franklin India Bluechip are few of the top recommended funds; choose any one of these and stick to SIP in it.  

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