Mutual fund sip or lumpsum

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2018 I want to invest in mutual fund. Can any one please suggest which is best platform ? Please share some reliable online platform. And which will be better SIP or Lumpsum for long term investment?

CS RAJAN

CS RAJAN (Expert)
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01 June 2018 Few Best fund suggested by Economic Times as below.
• Motilal Oswal Multicap 35 Fund
• SBI Bluechip Fund
• SBI Magnum MultiCap Fund
• Mirae Asset Emerging Bluechip Fund
• L&T Tax Advantage Fund
• DSP BlackRock Equity Opportunities Fund
• Aditya Birla Sun Life Tax Relief 96
• ICICI Prudential Bluechip Fund
• ICICI Prudential Equity & Debt Fund
• L&T India Value Fund
SIP is a Regular payment whereas lumpsum is one time, In SIP if you feel fund is not performing you can stop the SIP but in lumpsum you have to withdraw or wait for time. In SIP you need to have invested amount on that particular date in lumpsum no need to have.
You can invest directly by visiting company’s website or you can contact any broker.

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2018 After searching in google I got some links. Can I invest through anyone of them ?
1. https://www.rupeevest.com/
2. https://www.valueresearchonline.com/?
3. https://www.moneycontrol.com/

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CS RAJAN

CS RAJAN (Expert)
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01 June 2018 Thins links will anyway put you to the company website which you want to invest. This links are for understanding the product, if you click on "invest now" option it will drag you to that mutual fund website which you want to invest.