Can I invest more in my existing mutual fund schemes?
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--Kabir Bhatnagar
Chokkalingam Palaniappan, Director, Prakala Wealth Management, responds:
You are young and your investment horizon is also longer. All the funds that you are currently investing are decent funds. However, you may stop SIPs in all the funds and reorganize your fresh SIP investments as follows, including the additional Rs 3,000 investment to get better returns. You may hold on to the existing investments as it is.
L&T Emerging Businesses Fund: Rs. 4,000 per month
Reliance Small Cap Fund: Rs. 4,000 per month
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