I am 54, want to invest for the next 4-5 years. Suggest some good schemes

I am 54 and have been investing Rs 5,000 each in Birla Sun Life Frontline Equity, DSP BR Top 100, HDFC 200, SBI Magnum, ICICI Pru Long-Term Equity, ICICI Pru Value Discovery, UTI Mid-cap and UTI Equity. I want to invest `15,000 more per month for the next 4-5 years. Please suggest schemes.

You have a sufficient equity exposure. Add some debt funds and restrict adding too many new funds. You may invest Rs 5,000 each in Birla Sun Life Frontline Equity, HDFC Medium Term Opportunities and Birla Sun Life Dynamic Bond Fund.

(Answered by CR Chandrasekar, CEO and Co-Founder, FundsIndia.com)