Should I start my new SIPs in the same schemes that I am holding

I am 35 years of Age, in my current Portfolio I have follwing SIP's. Birla sunlife Frontline Equity Growth Direct - 2k pm, ICICI Pru Value Focused Blue chip Growth Direct - 2k pm, Franklin India Smaller Companies fund - Direct - 3k pm, Mirae Asset Emerging Bluechip Fund - Direct - Growth - 2k pm. I wanted to Increase my SIP in Large cap by 3K pm, should increase that in Birla SL FL Equity fund or shift to Birla SL Top 100 Fund as it is of smaller size, also I have additional scope of a SIP of 3k pm which category of funds I should add to my portfolio or should I distribute in the existing funds?

Dec 12, 2016 by Himanshu Shekhawat, Gurgaon | Mutual Fund

The funds in which you are investing are good with a significant performance track record of long term wealth creation over different market cycles.

We think, you should start your news SIPs in these existing funds because of their excellent track record.

Please also note that you should not unnecessarily worry about fund size. There are enough number of funds with huge corpus which are performing exceedingly well including Birla Sun Life Frontline Equity Fund. Therefore, you can add the new SIP amount in this fund instead a new one.

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