If you have appetite for risk and looking for good returns in medium/short term (1-2 years) then Reliance Diversified Power Sector Fund is very good. It is a sector oriented fund so long term prospects are guarded. If you are looking for medium - long term investment (3 years and more), go for large cap equity diversified funds like DSP ML Flexicap, If you want to play safe and with long term goals go for equity diversified blue chip funds
