Can you suggest fund for investing Rs 2000

Please suggest me Euity Mutual Funds. Last 4 years I invest in HDFC Tax Saver (D) Plan per month Rs. 2000. Now I like to more Rs 2000 invest. Please suggest?

Jul 23, 2017 by Jaimina Prajapti,   |   Mutual Fund

Before investing in mutual funds, you must know your risk profile and the investment horizon, You have not mentioned the both.

Therefore, the general suggestion would be to invest in diversified equity funds provided you can remain invested fro 5 years. Birla Sun Life Advantage Fund and SBI Magnum Multi-Cap Funds are two good diversified funds which you may considered for investing your Rs 2,000.

Thanks for writing to Advisorkhoj.

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