Every week, an expert selected by ET answers queries from our readers on mutual fund investments
I have been investing Rs 15,000 a month in UTI Mid Cap Fund for the last one year. Also, I started investing Rs 10,000 per month in SBI Blue Chip and Rs 15,000 in Birla Sun Life Ultra Short Term Fund. Please suggest if the portfolio is diversified and funds are good?— HIMANSHU GOYAL
Yes, the funds selected by you in terms of diversification are perfect. The only thing I would like to state is regarding the ultra short-term fund in your portfolio. It can be shifted to a good short- medium-term debt fund as you have a time horizon of five years. You can look at Birla Sunlife Short Term Opportunities Fund.
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