Hi
Am currently invested in the following funds through monthly SIP(Rs. 12,000 per month) –
Am investing for Long Term(10- 15 years) and am 29 years of age
- Franklin Bluechip Growth Fund – Rs. 3000 per month
- UTI Opportunities Growth Fund – Rs. 3000 per month
- IDFC Premier Equity Plan A Growth Fund – Rs. 2000 per month
- HDFC Balanced Growth Fund – Rs. 2000 per month
- HDFC Prudence Growth Fund – Rs. 2000 per month
I want to increase my monthly investment to Rs. 20000 per month. Please advise on how to allocate these additional Rs. 8000 per month i.e which of the above funds i should select
Also, please let me know if you think if i have too many funds in my portfolio and need to drop 1. If yes, which one should i drop
Thanks a lot for your advise
Regards,
Shashi