I have been investing through SIP's into MF since 2011. Right now, I am investing 7.5K pm into each of below MF from Oct 2015. Canara Robeco Emerging Equities (Growth), Dsp BlackRock Focus 25 Fund - (Growth), Kotak Opportunities Regular Plan - (Growth), Most Focused Midcap 30 - Regular Plan - Growth Option. Should I continue? Any recommendation to switch into some other funds? I also want to additionally invest 25,000 per month into new MF's through SIP's. Any recommendations?
The funds you are currently investing in through monthly SIPs are good and you should continue for the long term.
Your current fund selection shows that you are a moderately high risk taker as you have invested in large cap, mid cap and diversified equity mutual funds. Based on this risk profile you can continue to invest in large cap and diversified equity funds for your new SIPs. Apart from adding more into your existing SIPs, you can also consider investing in SBI Bluechip Fund, Birla Sun Life Equity Fund, ICICI Prudential Value Discovery Fund and Kotak Select Focus Fund.
Happy investing in SIPs! Thanks for writing to Advisorkhoj!!
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