Can you review my SIP portfolio and tell me whether I am going on the right direction

Can you review my portfolio and tell me whether I am going on right direction Below is my SIP under different scheme. Birla Sun Life Frontline Equity Fund (G) - 2000, ICICI Prudential Focused Bluechip Equity Fund (G) - 1000, ICICI Prudential Value Discovery Fund - Regular Plan (G) - 1000, Mirae Asset Emerging Bluechip Fund (G) - 1000, Tata Balanced Fund - Regular Plan (G) - 1500, Canara Robeco Emerging Equities (G) - 1000, DSP BlackRock Micro Cap Fund - Regular Plan (G) - 1000, I am going to continue there sIP's more than 10 years kindly suggest? And if I want to do more investment should I go with the same SIP's or different?

Aug 12, 2016 by Deepak, Kalyan  |   Mutual Fund

Your fund selection for doing long term SIPs is good. The selection is well spread into top performing balanced, large cap, mid & small cap and diversified equity funds.

We have reviewed some of these funds recently and can make an interesting read for you.

ICICI PRUDENTIAL VALUE DISCOVERY FUND

BIRLA SUNLIFE FRONTLINE EQUITY FUND

MIRAE ASSET EMERGING EQUITY FUND

ICICI PRUDENTIAL FOCUSED BLUECHIP FUND

CANARA ROBECO EMERGING EQUITIES

In case you want to increase the monthly SIP amount further then you should increase in the existing funds. This is simply because choosing more funds will not help with more returns. If you can select few good funds, your job is done! In your case you have already done so, therefore, stick to it!

However, while increasing the SIP amount in the existing funds, you should also check your risk taking appetite and add in the respective funds accordingly.

Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY
360 One MF Flexicap Fund 300x250
AMFI India Fixed Income MF Mehnat Ki Kamayi 300x600
Feedback
Notification