I am contributing Rs 60.000 monthly in SIPs of different MF. I want to know whether I should continue investing for long time without redemption or Redeem whenever market is good and showing a reasonable return and continue with the SIPs.

Ans: Too many funds; consolidate it into 3-5 funds/schemes

Ans: Reduce it by consolidating all these into 3-5 schemes.

Ans: Hello Siddramppa, thank you for writing to me. I would recommend you to continue with your SIP's in a disciplined and regular manner.

Ans: Kindly understand if you redeem, you will have to bear both expenses and taxes as there is no other way. Going through a MFD route has its own advantages and that cannot be ignored. You can reconsider HSBC Midcap Fund and Sundaram Large&Midcap Fund. You don't have expore to Largecap/Hybrid funds currently, can do the same.

Ans: I recommend continuing with the "Mirae Asset Emerging Bluechip Fund" & "Parag Parikh Flexicap Fund" as these funds have good track record of performance and has generated returns that are above the benchmark index over a long period of time.

However, I recommend you to discontinue your investments in the following funds:

1. Axis Long Term Equity Fund- This fund has shown inconsistency in returns over a period of time and shows inconsistency in returns and its performance in comparison to its peers.

2. Nippon India Pharma Fund and Tata Digital India Fund- These are sectoral funds, which means that they invest in companies belonging to a single sector, pharma and technology respectively. Sectoral funds are exposed to higher risk than diversified funds, as their performance depends on the performance of a single sector. Additionally, sectoral funds are unlikely to generate returns that are significantly higher than the benchmark index, as they are passively managed and track a sector index.