I have investment in SBI mutual fund in SIPs
small Cap 9000
SBI technology 1000
Blue Chip SBI 5000
Equity Minimum Variance 1000
Long Term Equity 2000
Banking And Finacial Sector 1000
Contra Fund 1000
Ans: You have a major exposure in thematic and sectoral categories and are over concentrated in SBI AMC. You can to continue with the SIP in SBI Small Cap Fund and we suggest you to stop SIPs in other SBI funds and restart in the Large Cap, Flexi Cap and Mid Cap categories with similar allocation in other good AMCs like Canara Robeco, Mirae, PGIM and Parag Parikh for the purpose of diversification and better future outlook of your portfolio.
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.