Need help in PSU Mutual fund

[Aaaaa]

There are some PSU mutual funds which are giving >1% per day returns these days
like 1- SBI PSU DIRECT PLAN GROWTH
2- INVESCO INDIA PSU EQUITY FUND DIRECT GROWTH
3- ADITYA BIRLA SUN LIFE PSU EQUITY FUND DIRECT GROWTH
So my question is- I want to invest lumpsum 5k should I invest in these ?

 

[The INSANE Trader]

I will suggest without a lumpsum investment go for sip it will give you better returns in long term.

 

[ShavirB]

Hey @Aaaaa , as a thumb rule I won't recommend investing in sectoral funds. Also returns of >1% per day is not sustainable in the long run.. Maybe these funds are offering such returns right now, but please remember markets are cyclical and can turn the other way any day..

 

[Aaaaa]

Hey @Aaaaa , as a thumb rule I won't recommend investing in sectoral funds. Also returns of >1% per day is not sustainable in the long run.. Maybe these funds are offering such returns right now, but please remember markets are cyclical and can turn the other way any day..

thank you

 

[zacobite]

There are some PSU mutual funds which are giving >1% per day returns these days
like 1- SBI PSU DIRECT PLAN GROWTH
2- INVESCO INDIA PSU EQUITY FUND DIRECT GROWTH
3- ADITYA BIRLA SUN LIFE PSU EQUITY FUND DIRECT GROWTH
So my question is- I want to invest lumpsum 5k should I invest in these ?

5k lumpsum won't really differ much as base is v low.. stick to bank account.. you shd nit risk.. 5k SIP then put in index fund / international fund.. and continue for atleast 3 yrs..