Should I continue with all the four mutual funds that I selected or think differently

First of all, I would like to salute you all for your valuable effort that you are doing for the common public. I am really a fan of your website and diversified articles related to mutual funds in different arena. Kindly be informed that I have enrolled following mentioned mutual funds through SIP which are as follows: 1. Axis Midcap Fund Regular Plan Growth - Rs. 1500, 2. ICICI Prudential Value Discovery Fund Growth - Rs. 2000, 3. UTI Midcap Fund Growth - Rs. 1500, 4. Quantum Long Term Equity Fund Growth - Rs. 2500. It would be highly appreciated if you could go through above fund and let me know your suggestion/opinion/comments and shall I keep going on all these four fund and/or need to think differently, in your reply mail. Thanks indeed in advance for your valuable response?

Sep 1, 2016 by C. Ayyappan, Thrissur | Mutual Fund

Thanks for the kind words and the appreciation. At Advisorkhoj, we are working with a single minded devotion of helping the entire investment advisory eco system. We are really glad that you recognized it and happy about it.

Coming back to your query, please note that you have selected good funds for your SIPs and should continue with them. And, there is no need to change any fund or add any fund. In fact, if you want to increase your monthly SIP amount in near future then do additional in these schemes only.

However, we do not know your risk taking ability and the investment time horizon for SIP investing in these funds. Having said that, your investment horizon should atleast be of 5 years since you have chosen to invest in diversified and mid cap equity funds.

Have a nice investing journey and wishing you all the best for the same!

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