Have I selected right funds for SIPs

I Am investing Rs 1000 each in UTI equity fund, Reliance Small Cap Fund, SBI Bluechip Fund, BSL Frontline Equity Fund and ICICI Value Discovery Fund and Rs 2000 in HDFC Mid Cap Opportunities Fund. Is my fund selection is good? Also suggest me the fund so that I can invest Rs 5000 for 3 years?

Apr 3, 2017 by Monoranjan, Assam  |   Mutual Fund

You have selected good funds from large cap, diversified and mid & small cap category for your SIP investments. Please note that these funds are suitable only if you can take moderately high to high risk over a long period of time.

Since your fund selection is already good, we are not suggesting any new fund and instead suggest you to allocate more to the existing funds in your portfolio.

Thanks for writing to Advisorkhoj.

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