I am 19 year old student and doing a part time job. I use my part time salary for saving. I have Rs 1000 SIP in SBI Bluechip regular fund. Is it good for long term investment? And also I want to start another SIP for long term with aggressive return so which one will be good for me Mirae Assets Emerging Bluechip or DSPBR Small and Midcap?
Great to hear that you are saving money from you part time job and investing in mutual funds from such a young age. Congratulations!
SBI Blue Chip Fund is one of the top performing schemes from the large cap category and a very good long term investments. With regards to selection of an aggressive mid cap fund, you can go with Mirae Asset Emerging Bluechip Fund.
Thanks for writing to Advisorkhoj.
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