I am investing in following schemes through SIP. Should I continue or to change - Mirae Asset India Opportunity 4000, IDFC Premier Equity Growth 2000, ICICI Focus Blue Chip 3000, ICICI Discovery 3000, UTI Opportunity 2000, BNP Paribas Long Term Equity 2000, Axis Long Term Equity 2000?
We do not give specific investment advice. Your investment plan should be based on your financial goals. All the funds selected are very good quality funds. You also have a good mix of large cap, midcap and ELSS funds. You may want to increase your SIPs in the ELSS funds because you can claim tax deduction of up to Rs 1.5 lacs by investing in ELSS. Please note that you will get the best returns if you have a long investment horizon. However, you should continue to monitor the performance of your investment from time to time and make appropriate adjustments if required in consultation with your financial advisor.
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