I am investing in mutual fund through SIPs and have investments in Reliance Growth, Reliance Regular Savings Equity and DSPBR Top 100 Equity where I invest Rs 6,000 every month. Is this a good approach? I am investing for 15-years.
- Manoj Dangwal
You have made a good selection of funds and all of them are rated highly by us. Moreover, the fund selection of a large-, multi- and mid- and small-cap fund, which collectively offer diversity to your portfolio and will go a long way in wealth creation. However, you need to modify your investment approach by allocating a higher portion of your investments into DSPBR Top 100 Equity. This is a large-cap fund, which will stabilise your portfolio returns in the long run. Continue investing regularly and track your investments regularly and make necessary changes if the funds in your portfolio start to underperform.