I am having SIP in SBI Blue chip Growth ( Direct )Mutual fund since last 15 months.It has been observed that fund is not doing well as compared other Equity mutual funds.My investment horizon is upto next 5 years. Shall I continue this SIP or shift to other equity mutual fund?
If your goal is less than 5 years, then better to stay away from all equity products.
My goal is more than 5 years.I have also SIPs in Birla Frontline Equity & ICICI Pru. Blue chip Equity fund.
If you already have two more large-cap funds, then why this one again? What purpose does it serve?
I am investing in these two funds & my Wife is investing in SBI Blue chip fund..Pl. let me know your opinion on performance of SBI blue chip in view of continuation of SIP.Apart from this Fund my wife is having investment in Ultra short term Debt fund.
It is hard for me to suggest anything BLINDLY without knowing your goal details and what asset allocation you are following.
I am asking in general your opinion about the performance of SBI Blue chip fund.