I am 32 yr old
want to invest 5k per month in SIP
I have selected following funds, kindly review and suggest should I go ahead
- Mirae asset emerging bluechip fund-2k
- Can robeco emerging equites fund-1.5k
- SBI blue chip -1.5k
I invest 20k per month in PPF.
time horizon in 15 years.
For your 15 years goal, Rs.20,000 in PPF and only Rs.5,000 in equity is not a good strategy. You have to reverse it. Also, you notice that Mira is considered as mid cap and Canara as Small cap. But in reality both have heavy concentration towards mid cap rather than small cap. Chose one among these two. You can continue SBI fund.