Can you please check if my fund selection is good

Thanks for the kind words about Advisorkhoj. We are glad that you found our website useful.

With regards to your fund selection, We have two suggestions to make - 1) ICICI Prudential Banking and Financial Services Fund is a sectoral fund. Sectoral Funds are riskier than other equity funds as you are never sure how the sector will play out in future. Moreover, in the schemes that you have already invested in have banking and financial services stocks in their respective portfolios and therefore, investing in a separate sectoral scheme does not make much sense 2) Reliance Equity Opportunities Fund - This fund is an under performer for quite some time now. Investing in Reliance Top 200 Fund could be a better idea.

Your current monthly SIP total is Rs 18,000 which you are planning to continue for 15 years. You can expect a corpus of Rs 91 Lakhs after 15 years against your investment of Rs 32.40 Lakhs, assuming 12% annual returns.

With regards to your investment of Rs 5 Lakhs for 15 years, you can go with diversified equity funds. Some of the good diversified funds are - Birla Sun Life Advantage Fund, SBI Magnum Multi-Cap Fund, DSP BlackRock Opportunities Fund and Franklin India High Growth Companies Fund.

Hope the above was helpful to you. Thanks for writing to Advisorkhoj.