I have decided to invest Rs. 5,000 per month for next 5 years. I am thinking of putting up these investments in Birla Sun Life Top 100 Growth Funds. Am I right in my decision?
As regards your decision of saving and investing Rs. 5,000 every month, it is a good practice to do so. As far as your second decision, you need to tell yourself the criteria on the basis of which you have selected this fund. If the fund is meeting all your objectives of investing in it, then you should surely tie your money in this fund.