Ask ET Mutual Funds: Should I increase my SIPs or invest in new funds?

I have monthly SIPs of Rs 2,500 in SBI Blue Chip Fund, DSPBR Micro Cap Fund, ICICI Prudential Value Discovery Fund and Mirae Asset Emerging Bluechip Fund. I want to invest Rs 12,500 more every month. My investment horizon is 10 years. Should I increase the SIP amount or should I opt for new funds?

--Manish Bagga

You have invested in very good funds. SBI Blue Chip Fund, DSPBR Micro Cap Fund, ICICI Prudential Value Discovery Fund and Mirae Asset Emerging Bluechip Fund have very good track record and they are also performing well currently. If you want, you can invest the extra amount in these schemes through monthly SIPs.

You can also take a look at our recommended SIP portfolios if you are looking to diversify your investments.


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