Ask ET Mutual Funds: Can I continue my SIPs in these funds?

I am 26 years old and have started investing through SIP in SBI Bluechip Fund-Regular plan, Kotak Select Focus Fund - Regular (G), Reliance Small Cap Fund- Growth plan and Sundaram Rural India Fund - Regular (Growth). I am investing though a monthly SIP of Rs 2,000 in these funds. Are these funds good to invest for 10-15 years. Please guide.

-- Kamlesh Gond

Abhinav Gulechha, a SEBI-registered investment advisor), responds:


Small cap and sectoral funds do not provide the necessary diversification and you should always prefer diversified funds. You can get out of Reliance Small Cap and Sundaram Rural India and consider Quantum Long Term Equity Fund. Rest of the funds are okay.

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