Hi,

I have been investing in the following Mutual Funds since January 2010 via Monthly SIP mode.

1. HDFC Top 200 fund – Growth Option – Rs. 3,000/- per month.

2. Birla Sunlife Frontline Equity – Growth Option – Rs. 3,000/- per month.

3. DSP Blackrock Top 100 Equity Fund – Growth Option – Rs. 3,000/- per month

4. Reliance Growth – Growth Option – Rs. 2,000/- per month

5. Birla Sunlife Midcap Fund Plan A – Growth Option – Rs. 1,000/- per month

I can invest Rs. 3,000/- more on a monthly basis. Please suggest how should I allocate the amount in all the above mentioned fund. I can take above average risk. Should I invest some part of this amount in a balanced fund such as HDFC Prudence, etc. or not?

My investment horizon is around 15 – 20 years.

Please suggest…Thanks to all of you in advance 😉

Regards,

J