Best mutual fund to invest for 15 years

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I am 30 years old. I have invested in three mutual fund schemes.
  1. Axis Long Term Equity Fund: Rs 4,000
  2. DSPBR Microcap Fund: Rs 2,000
  3. ICICI Prudential Banking & Finance Fund: Rs 2,000
I want to invest Rs 4,000 in another schemes with a long term horizon for at least 12-15 years. Please suggest me a good fund. I ready to take risk.
--Shibashish Banerjee


Deepali Sen, Founder, Srujan Financial Advisors, responds:

Since you already have midcap fund in your portfolio and also mid caps are steeply overvalued at this point, it would make sense to start your incremental SIPs in largecap equity funds like Aditya Birla Sun Life Frontline Equity, ICICI Prudential Focused Bluechip Fund and SBI Bluechip Fund. Also, it does not make sense to invest in more than five to six schemes.




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