I am investing Rs 1,000 SIP in HDFC Top 200 and HDFC Equity and Rs 500 in Sundaram Select Midcap. Are these are good funds to invest for the next 10-15 years?
- Karthikeyan
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All the three funds that you are investing in highly rated with a proven track record and performance history. Collectively they make for a well diversified portfolio of a large- and mid-cap fund, a mid- and small-cap and multi cap fund, which you should regularly invest in through SIPs. However, 15-20 years is a long time and fund performance can very over such long cycles, which makes it compulsory to review the performance of the funds that you have invest in at least once a year and assess its progress towards your financial goals.
This article was originally published on September 12, 2011.
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