I have monthly sip investment as follows Rs5000 each in canara robecco Blue chip equity fund and uti midcap fund. Rs2000/- each in tata digital fund,kotak infrastructure and economic reform fund,sbi small cap fund. Is it ok to çontinue them for one child education who is studying 3rd class

Ans: While Canara Robeco Bluechip Equity Fund is a good fund in the large Cap space, there are much better funds in mid cap space than UTI Midcap Funds. Please google and select yourself.

I do not agree with any body using thematic or sectoral funds for long term goals. The other three funds are cyclical and you may not be suitably placed to judge when to get out of them. I would suggest you to choose a flexicap, a multicap and an asset allocator fund instead of the three funds I am referring to.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.