Hi Mr Basu
Need your advice on the following query
I have the SIP currently running in 4 different Large cap fund all of the value of 5 K each…these are the funds.
a) SBI blue chip
b) ICICI blue chip
c) Motilal select 25
d) Mirae opportunity
So total SIP of 20 K in all the above funds pit together, based on the theory that the there is an duplication of the stocks as they are all in same category I am planning to reduced this two…or may be one as well…
So I would like to have your advice out of four which of the funds I should continue…and make 20 K SIP in the that fund only or if you can advice 10 K in two funds.
I have gone thru your list of SIP for 2018 as none of the above funds are the part of the list…need your views.
Once I reduce this two or one funds ….second question is should I redeem all the units in the funds of SIP which I stopped and for buy fresh of the same units in the continued funds ( redeemed only funds which are more then 1 year or so )
I have 10 K SIP in mid cap fund as well Mirae blue chip….JFYI
Want to start one in Small cap will select the same..
All the above investment are for long term…
Will really appreciate if you can help me to sort this out.
Hi Mr Basu