Where should I invest Rs 25,000?

I have invested Rs 15,000 in HDFC Equity Fund. I plan to invest Rs 25,000 more. Will it be a good option to invest Rs 10,000 more in HDFC Equity Fund and Rs 15,000 in ABSL Equity Fund or Rs 5,000 more in HDFC Equity and Rs 20,000 in ABSL Equity?
- Dutta

Bina Pandit, a certified financial planner, responds:

Both Aditya Birla Sun Life Equity Fund and HDFC Equity Fund are good schemes. Both the schemes have a good track record. You may choose either of it. But, since you haven't mentioned your risk appetite and the tenure for which you are investing this amount, I am not sure if these investments are right for you. Both the schemes are equity schemes and are meant for investors who can take risk and stay invested for a long period, like five to seven years.