I am sixty three and having 1470 units of SBI large & midcap Fund Regular 2355 units of ICIC Technoly fund . Should i sell or hold it

Ans: SBI Large and Midcap Fund is a good fund in the category and can be held on to in case you wish to have exposure to this category. But please remember that this category of Large and Midcap Fund will always have at least 35% exposure to midcap stocks which makes it in a higher risk grade. If you wish to continue with the fund, do note the degree of risk you are taking and whether you are comfortable with it.

ICICI Pru Technology Fund is a good fund in the Tech Fund category. However, I do not recommend anybody to have exposure to any sectoral category fund since any sectoral category is typically cyclical in nature. It is always better to have a diversified fund – in case a particular theme or category is likely to do well in times to come, a good fund will anyway add it in the portfolio and hold it there as long as that sector or theme is relevant.