Which are the good funds for SIP from my selected funds

I would like to invest Rs. 2,500 per month in Birla Sun Life Equity Fund - Growth and Rs. 2,500 in ICICI Prudential Balanced Fund - Growth. Or, Rs. 2,500 in ICICI Prudential Value Discovery Fund - Growth and Rs. 2,500 in SBI Magnum Balanced Fund – Growth. Are they good funds? Please advise me which one is better?

Dec 15, 2016 by Dr. Siva,   |   Mutual Fund

All the funds that you have selected from diversified and balanced fund category are amongst the top performing in their respective categories.

It seems you want to invest 50% in a diversified equity fund and another 50% in a balanced fund. This is a right approach and you may choose any one fund from each of the two categories and start the monthly SIP.

Thanks for writing to Advisorkhoj.

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