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Should it will be wise to start a SIP now in HDFC TOP 200 FUND-GROWTH as the NAV of t... Read full message
9.31 PM Nov 15th 2009  | Track
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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 ?
9.31 PM Nov 15th 2009
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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.

Thanks

Ashal
2.43 AM Nov 17th 2009
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