Suggest an aggressive mutual fund scheme for me

I am a 30-year-old state government employee. I am investing Rs 11,000 in mutual funds via monthly SIPs. I am investing in these mutual fund schemes:

Aditya Birla Sun Life Equity Fund (G): Rs 3,000
ABSL Tax Relief 96 Fund: Rs 2,000
DSP BlackRock Tax Saver Fund: Rs 2,000
Reliance Mid Cap Fund: Rs 1,000
UTI Value Opportunities Fund: Rs 1,000
Kotak Select Focus Fund: Rs 1,000
ICICI Prudential: Rs 1,000 (Not the full name)

Should I continue investing in these schemes? Is there any need for modifications? Since DSP BlackRock Tax Saver Fund is an ELSS, I cannot redeem it or switch it before three years. My investment in this schemes is only a year old. There are certain controversies in the market regarding the DSP BlackRock Mutual Fund. What should I do? Also, if I want to invest Rs 1,000 more via an SIP for a long term. I won't mind investing in any aggressive scheme. Please suggest one scheme?

-- Jit Biswas

Rishabh Parakh, founder, Money Plant Consultancy, responds:

Your existing mutual fund portfolio is fine. Since you are an aggressive investor, you can invest in more midcap and smallcap schemes for a long term to create wealth. Since you are a govt employee, you will have access to retirement funds like PF, gratuity, etc. These investments will make a good amount for your retirement corpus. If you haven’t withdrawn most of it, you can take more exposure to equity to create wealth.

With regards to the DSP BlackRock fund house, as you said, most of the news are based on rumours. But any big change in any scheme or a fund house may have an impact on your portfolio. So, it is always better to have a good diversified portfolio to protect you from any sudden changes.