Can I start investing in these schemes?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

BCCL
I have a long-term goal. Below are the funds that I have chosen:
L&T India Value Fund (G): Rs 1,300
ICICI Prudential Value Discovery Fund (G): Rs 1,300
SBI Bluechip Fund (G): Rs 1,300
The amount may increase to Rs 2,000 in each scheme. Please guide me so that I can start investing.
--Manjeet Singh

Shilpa Wagh, Chief Financial Coach, Wagh Financials, responds:

Yes, you can stay invested in these funds for a longer duration (eight years and more) perspective. It is a good combination as SBI Bluechip Fund is a largecap fund, L&T India Value Fund is a midcap fund and ICICI Prudential Value Discovery Fund is multicap fund. In the multicap segment, you can also consider Franklin India High Growth Companies Fund.
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