I had an SIP with Sundaram Select Midcap. It’s time to renew the SIP. Should I continue in it or invest in some other funds? I am looking to invest for a minimum time period of 4 years.
-Kartik
Sundaram Select Midcap is an attractive fund in its category. It has done poorly in a struggling market, but that’s the nature of mid-cap funds. You can continue investing in it. If you want to add more funds to your portfolio, go for SBI Magnum Emerging Businesses, which is showing extraordinary momentum. You can also invest in IDFC Premier Equity, which is not a mid-cap fund by design but is a promising performer.
This article was originally published on October 18, 2012.