Whether my choice of SIPs is correct or should I change

I have started a SIP of Rs. 3,000/- on monthly basis for a tenure of 20 year in the following funds - 1) Mirea Asset Emerging Blue Chip Fund - Rs. 1,000/- every month, 2) SBI Magnum Mid Cap Fund - Rs. 1,000/- every month, 3) TATA Balanced Fund - Rs. 1,000/- every month. Whether my choice is correct or else I have to change my choice. Please suggest me in this?

Jun 21, 2016 by Chandrashekhar Rathod, Hyderabad  |   Mutual Fund

You choice of funds for SIPs is good. It is also heartening to know that you want to continue in it for next 20 years.

You may try this calculator https://www.advisorkhoj.com/tools-and-calculators/systematic-investment-plan-calculator To know your tentative SIP final corpus after 20 years.

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