I have started investing SIP in ICICI Prudential Focused Bluechip Equity Fund - Growth - Rs. 2000, Birla Sun Life Frontline Equity Fund - Growth - Rs. 2000, UTI Mid Cap Fund Growth Option - R. 1000, Canara Robeco Emerging Equities - Regular Growth - 1000 for 10 year, Please review my investment & suggest additional funds where I should invest for additional 6000 monthly SIP?
you have selected good funds for your SIPs. The funds you have chosen are from large cap and mid & small cap category.
If your risk taking taking appetite is very high, then you can invest the additional amount of Rs. 6,000 in the two existing mid & small cap funds. If you do not want to take that much risk then adding the same in the two large cap funds makes sense.
There is no point adding more number of schemes in your portfolio unnecessarily.
Hope the above helps! Thanks!!
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