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I want to know if my fund selections are good

I have been invested in SBI Blue Chip Fund (G), SBI Magnum Global(G) and Reliance Small Cap Fund - Direct(G) for the past 7 months through SIP and I am planning to add a ta saver fund in the form of axis long term equity. My investment is for long term. I want to know if my fund selections are good, if not, what other funds can I consider?

Aug 29, 2016 by Sourav, Kolkata  |   Mutual Fund

Your fund selection is good. However, replacing SBI Magnum Global Fund with SBI Magnum Mid Cap Fund could be a good idea.

Your selection of Axis Long Term Equity for investing in ELSS is a good choice. This is a top performing fund in the ELSS category and you may go ahead with your decision and invest in this fund.

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