Currently I am investing SIP Rs 10,000 for below funds ICICI Value Discovery - 4000, ICICI Focused Buleship - 4000, HDFC Midcap Opportunties - 2000. I Planned to start another Rs 10,000 for invest through SIPs of 15-20 Years. Please suggest me good funds? Waiting for your valuable advice?
You have invested in a diversified (ICICI Pru Value Discovery), a large cap (ICICI Pru Focused Bluechip) and a midcap (HDFC Mid-Cap Opportunities). All three funds are good funds and you can simply increase your SIP amounts in these three funds. If you want some diversification then you can add three funds, one from each of the three categories that you are currently invested in. Birla Sun Life Advantage Fund, SBI Magnum Multicap Fund, Franklin India High Growth Companies Fund and Mirae Asset India Opportunities Fund are among the top and consistent performers in diversified equity category. You can choose any one of the 4 funds.
In the large cap category, Birla Sun Life Frontline Equity Fund, SBI Bluechip Fund, DSP Black Rock 25 and Quantum Long Term Equity Fund are among the strong performers. You can select one of these 4. As far as midcap funds are concerned, Reliance Small Cap Funds, Franklin India Smaller Companies Fund, Canara Robeco Emerging Equities, and Principal Emerging Bluechip Fund are among the strong performers. We have not mentioned some top performing midcap funds because they are no longer open for subscription and hence irrelevant for your purpose.
Hope this helps. Thanks for writing to Advisorkhoj.
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