Should I increase my SIP in SBI Bluechip Fund?

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I am 32 years old and I have been investing Rs 2,000 every month in SBI Bluechip Fund - Regular (G) for the last 1.5 years. I would like to increase my SIP amount by Rs 1,000. I am willing to take a bit of risk. Can you please suggest me which mutual fund scheme should I invest? Or is it a better idea to simply increase the SIP in my current scheme?
-- Abhishek Mondal

Ankita Tanna Narsey, Founder, Oaktree Financial Advisors, responds:

If you are willing to take risk and opt for SIP route for your additional investment, you could consider a multicap fund or a midcap fund. Here are my recommendations:

Multicap funds:
Franklin India High Growth Companies Fund (now called Franklin India Focused Equity Fund)

Tata Equity PE Fund
Aditya Birla Sun Life Equity Fund

Midcap funds:
HDFC Mid-Cap Opportunities Fund
Aditya Birla Sun Life Pure Value Fund
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