Should I continue with SBI Bluechip Fund?

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I am 31 years old. Currently, I am investing Rs 3,000 via an SIP in SBI Bluechip Fund. I want to invest Rs 5,000 via SIPs for more than 15 years to create Rs 50 lakh. In which schemes should I invest? Should I continue with SBI Bluechip Fund or create a new portfolio?
-- Aakash Gupta

Apoorva Vohra, Founder, Finolutions Wealthcare, responds:

Since you have a long-term investment horizon, you can invest in a mix of large and midcap funds, midcap funds, and smallcap funds. You can continue your investment in SBI Bluechip Fund. While SIPs are meant for long-term compounding, it is better to get the portfolio evaluated periodically by your financial planner. This will help in correcting the course if there is any structural change in the market or if any particular fund is making a fortune. Assuming that your portfolio will give an annual return of 15 per cent, you can achieve your goal of building a corpus of Rs 50 lakh in 15 years.
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