I am an aggressive investor with a time horizon of five years. I want to start an SIP of ₹ 5,000 per month in two funds. I am confused among the below mentioned funds—Invesco India Contra Fund, HDFC Small Cap Fund, ICICI Prudential Bluechip Fund and SBI Bluechip Fund. I can invest only in two funds (total ₹ 10,000 per month). Could you please help me pick the right ones?
Of the four funds in your list, two are large-cap funds, one is a small-cap fund, and the Invesco fund is a broad market fund with a value/contra style.
For your portfolio, ideally, you would need one of the two large-cap funds and another fund from the remaining two to complement it. You can go with either of the two large-cap funds since they are both good, well-rated funds with good track record.