How is my SIP mutual fund selection

I would like to seek your advice on the following MF investments. 1)Kotak Select Focus Fund (G) - SIP of INR 3000, 2) Motilal Focused Multicap 35 (G) - SIP of INR 3000, 3) HFDC Midcap opportunities fund - SIP of INR 3000, 4) SBI Small and Mid cap fund - SIP of INR 2000, myself 27yrs old, looking forward to invest for a long time 15-20 years or so. Currently I hold similar folios from SBI since July 2016 a) SBI Blue Chip - INR 3000 SIP, b) SBI Midcap Fund - INR 3000 SIP, c) SBI Multicap Fund - INR 3000 SIP. What would your opinion on this selection?

Aug 21, 2017 by Kiran Srinivas, Hamburg | Mutual Fund

You have selected good funds for your SIPs. But we would like to know if you have already started the SIPs or yet to start. If you are yet to start, then kindly note that SBI Small and Midcap Fund is not accepting any investments as of now. Therefore, in place of this fund, you can increase allocation in the other funds that you have chosen.

The 3 SBI mutual fund schemes where you are invested since July 2016 are also good performing.

Your thought of investing for 15-20 years is good, but remember, you must review your mutual fund portfolio once every year just to make sure that the respective fund performances are aligned with your investment objectives and long term goals.

In case in future, if you want to know which are the top performing funds in each category, you may check this link - https://www.advisorkhoj.com/mutual-funds...

Thanks for writing to Advisorkhoj

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