Sir, I have started HDFC Balanced Fund Regular Growth Option of Rs 4000 per month through Sip as per your advise given in our last discussion.
Sir, Kindly advise me regarding the best mutual fund for one time investment instead of sip for retirement corpus. I want to invest Rs 5000 or Rs 10000 at one short frequently. Will this method be a good option for making good corpus as I have already a balanced fund running through sip.
Awaiting for your valuable advise.
Asad-For your information each SIP is also a lump sum investment. When we repeat this investment regularly and systematically, then it is called as SIP. So, if your goal is long term then definitely go for lump sum (no matter the level of market). The advantage of HDFC Balanced fund is, it automatically have both equity and debt exposure in 65:35. this will create you well diversification. Hence, go with the same fund.
Your lump sum investment is also create good corpus only if you stay long and invest regularly.