I am a moderate-risk investor with a long-term investment horizon of 15 years. Every month I invest Rs5,000 each by SIP in SBI Blue Chip Fund and SBI Magnum Multicap Fund. I want to increase my SIP amount to Rs25,000 a month. Which funds should I invest in?
—Shivani
You are presently investing in a 100% equity portfolio that is made of a large-cap fund and a diversified fund. Both the funds, although from the same fund house, are good and you can continue investing in them. However, now that you are planning to increase your systematic investment plan (SIP) allocation significantly, it is a good time to take a step back and look at your overall asset allocation.
