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I want to invest Rs 3,000 more via SIPs. Which mutual funds should I choose?

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ET Online|
Nov 25, 2019, 02.43 PM IST
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I am investing in the follo wing mutual fund schemes:

1. ABSL Frontline Equity Fund: Rs 1,500
2. ICICI Prudential Bluechip Fund: Rs 1,500
3. Motilal Oswal Multicap 35 Fund: Rs 1,500
4. Kotak Emerging Equity Fund: Rs 1,500

If I need to invest Rs 3,000 more via SIP, which funds you will suggest me for a horizon of 7 years? Also, do I have to change any schemes? My risk profile is h igh or moderate.
--Krishanu Banerjee

Deepali Sen, Founder, Srujan Financial Advisors, responds:

If you have a moderate to high risk profile, you can continue with these funds. All these schemes are good performers. You don’t need to add many funds to your portfolio. So, you can top up your investments in the existing schemes. You could add SIPs of Rs 1,500 per month in both ICICI Prudential Bluechip Fund and Kotak Standard Multicap Fund.

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