Should I continue with SBI Bluechip Fund?
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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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