Three more schemes for an aggressive investor

I am 31 years old. I want to invest Rs 30,000 per month in SIPs for a long-term purpose. I have decided to invest Rs 5,000 each in SBI Blue Chip (Direct Growth), Birla Sun Life Frontline Equity, Mirae Asset Emerging Bluechip. Please can you suggest three more funds where I can invest rest of the Rs 15,000. What is your view on Franklin India High Growth Fund? Please note I am an aggressive investor and want to invest majorly in equity funds from a long-term perspective.

--Pritha

Karthik Swaminathan, Certified Financial Planner, responds:

Complementing you for choosing good schemes. Other suggested funds in large cap/diversified category are Sundaram Rural India Fund (G), DSP-BR Opportunities - RP (G), Principal Emerging Bluechip(G). Also, Franklin India High Growth Fund appears to be okay, it has been performing well across the three and 5-year horizon, but personally I do not recommend it for now. Also, since you mentioned that you are aggressive investor, I will suggest some couple of Micro/Mid Cap funds viz. Mirae Emerging Bluechip (G) & DSP-BR Micro Cap Fund (G). So, you can select one from the largecap fund and two from mid/microcap fund to allocate your 15,000.


(If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)