I have been investing Rs 1,000 each in Franklin India Prima Plus and Franklin India Flexicap via SIPs for the past 3.5 years. My investment horizon is of 10 years. Should I stay invested in these funds?
-Pitambar
While both of these funds are well-performing ones, they are very similar to one another as far as their investment mandates are concerned. We would recommend that you stop your SIPs in Franklin India Flexicap and invest in a diversified equity fund of another fund company.
This article was originally published on March 21, 2012.