Which category of funds I am investing in

Following are the fund categories that you have invested in –

1. Birla MNC Fund – Thematic Fund

2. Birla Sun Life Advantage Fund – Diversified Equity Fund

3. IDFC Premier Equity Fund – Mid Cap Fund

4. TATA Balanced Fund – Balanced Fund

5. Franklin India Prima Plus – Diversified Equity Fund

6. Franklin India Prima Fund – Mid Cap Fund

Out of the above, we think, you can discontinue IDFC premier Equity Fund and invest in Mirae Asset Emerging Bluechip Fund, a top performing mid cap fund. Also, Birla MNC Fund is a thematic fund and can be suitable to you only if you have a high risk taking ability. If you think you cannot take high risk then investing more in Birla Sun Life Advantage Fund or adding Birla Sun Life Equity Fund in your portfolio would be a better choice.

With regards to investment mix, the same should be according to your risk profile. Since we do not know your risk profile, we would not like to comment on this.

Hope the above helps! In case you need to know more, do write to us again.