I am 32 years and am investing Rs 2,500 every month through SIP in DSPBR Small and Midcap, DSPBR Top 100 Equity, Fidelity Equity, HDFC Equity, HDFC Top 200, Reliance Regular Savings Equity. Should I continue investing in these funds or change the selection?
- Suresh Selvaraj
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You have selected good funds to invest in and all of them are highly rated with a proven track record and performance history. While you should continue investing in these funds, you can consider reducing your holdings by option for one large- and mid-cap fund and a multi cap fund instead of two. Not only will it be easy for you to track the performance of your fund holdings, it will also reduce duplication for the amount you are investing. Make sure you track the performance of these funds to assess its progress in accordance to your expectations and requirements.
This article was originally published on June 13, 2011.