Hi Srikanth,
I have invested in the following mutual funds.However,i would like to invest an additional amount of Rs 5000 through SIP's.Can you please advise/suggest a new fund either in debt/equity for a longer period.Would you recommend to continue an additional investment in the below funds or start investing in a new AMC
Below are my existing funds
Franklin India Smaller Companies Fund - GROWTH - 16000 (SIP 2000 )
ICICI Prudential Value Discovery Fund - Growth - 15000 (SIP 1000/1500)
Mirae Asset Emerging Bluechip Fund - Regular Plan Growth - 60000 (SIP 5000)
SBI Blue Chip Fund - Regular Plan - Growth - 22000 (SIP 2000)
Tata Balanced Fund Regular Plan - Growth - 26000 (SIP 2000)
HDFC Balanced fund - Rs 10000 ( SIP 2000)
Mirae Asset India Opportunities Fund - Regular - Growth - Rs 4000(SIP 1000)
AXIS LONG TERM EQUITY FUND GROWTH PLAN - Rs 1000(SIP 1000)
BIRLA sunlife wealth 25 MIP - Rs 6000(SIP 3000)
.
Thanks and Regards,
SRinivas Manoj S
1 Answers
Dear Srinivas,
All of the listed funds are good ones.
If you are planning an additional investment for longer period, you may invest in your existing funds itself, may be in diversified equity and Mid/Small cap funds.
Suggested articles :
https://www.relakhs.com/best-mutual-fund-schemes-2017/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
https://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
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