Should it will be wise to start a SIP now in HDFC TOP 200 FUND-GROWTH as the NAV of the scheme has gone high ? I have Reliance Equity Fund - Growth (SIP), how is the future prospect of this fund ?
Dear Manmarandmf, Plz. don`t get fool by thinking that High NAV means the fund is a costly one. Infact High NAV shows the strength of past performance.
If HDFC Top 200`s Current NAV is around 180 Rs.what `ll u say for the NAV of Rel. Growth Fund which is around 400 Rs.
If u want to invest in HDFC Top 200, Plz. do it but thru SIP or STP.
Just FYI - I personally hold both of the above mentioned fund.
Regading Rel. Eq. i had already advised u in my prev. post. Here again my choice `ll be to invest ur redemption money from Rel. Eq. to HDFC Top 200 &/or DSP Top 100.