I am paying SIPs of Rs 2,000 each in HDFC Top 200, Kotak 30 and Reliance Growth. These are meant for my grandchildren. The time horizon for this investment is 15 years. Should I continue in these schemes?
- Sat Pal Aggarwal
Your scheme selection is good and you can continue investing in them. While HDFC Top 200 and Reliance Growth are rated 5-star by Value Research, Kotak 30 is rated 3-star.
However, it is important to regularly track their performances as the schemes might not remain good gainers forever. If their performance shows signs of deterioration, look for other well-rated funds.