Should I continue my SIP investments in current schemes

I'm investing 5000 via monthly SIP in HDFC Equity Fund for the past five years. Should I continue with this or can switch for any other fund as I want to continue my SIP for another 10 years. Secondly, next month my SIP in DSPBR Micro Cap Fund will terminate and DSP is not taking any new investment in this fund. So please guide me which fund can I take as a replacement to DSPBR Micro Cap. Again my SIP tenure is 10 years and amount is 5000. Waiting for a quick reply from your side?

Jul 8, 2017 by Anil Midha, New Delhi | Mutual Fund

In place of HDFC Equity Fund, our suggestion would be to move to Birla Sun Life Equity Fund. Birla Sun Life Equity Fund is a better performer in the diversified equity fund category and a good rated fund too.

As your SIP in DSP BlackRock Micro Cap Fund is ending soon and the fund is not accepting any news investments, you can start the restart the SIP in another top performing fund from the same category - Mirae Asset Emerging Bluechip Fund.

Thanks for writing to Advisorkhoj.

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