I am having SIP in SBI Blue chip Growth ( Direct )Mutual fund since last 15 months. It has been observed that fund is not doing well as compared other Equity mutual funds. My investment horizon is upto next 5 years.
Shall I continue this SIP or shift to other equity mutual fund?
3 Answers
Hi,
May I know if you are comparing its performance with other Large Cap Funds or Diversified Equity Fund category?
Do you have any other schemes in your portfolio? If yes, you may share the Scheme names..
I have Two other schemes ( Large Cap) in my portfolio are Birla Frontline & ICICi Pru. Blue chip.
Regards
Hi,
Any specific reason/strategy to invest in 3 large-cap oriented Schemes only?
Kindly go through the below article :
Mutual Fund Portfolio Overlap Comparison Tools
I am investing in these two funds & my Wife is investing in SBI Blue chip fund..Pl. let me know your opinion on performance of SBI blue chip in view of continuation of SIP.Apart from this Fund my wife is having investment in Ultra short term Debt fund.
Hi,
Most of the Large cap funds may perform on the same lines.
In fact, an investor can just pick an index fund - large cap instead of large cap regular funds.
Also, investing in multiple funds from the same fund category (in your case - large cap), may not be really beneficial.
For ex : The portfolios of funds 'Birla frontline' & 'SBI bluechip' overlap by almost 57%.
Kindly read :
Mutual Fund Portfolio Overlap Comparison Tools
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