I have one SIP in Magnum multiplier plus 93 for Rs. 3000/-. How is this fund? Also, I want to invest in two SIPs of Rs. 1000/- per month each. Please suggest me two best funds. I am not risk averse.
Re: S.I.P.
by Sukriti Kailthya on May 05, 2010 01:44 AM Permalink
SBI Magnum Multiplier Plus 93 has not given good return in last 2 years.With a monthly investment of Rs1000/-starting from April ,08 and ending in March 10,i.e during last 24 months return is 8,000/-on investment of Rs 24000/-. In case of Sectoal Schemes like franklin Phara , Reliance Pharma,Reliance Banking return is 20,000/- or more in similar case. Pls go for the above schemesand if possible stop investment in the present scheme. ]gain is