Hello Sir, I am 37 yrs old. Currently I am doing SIPs in following schemes.
1. HDFC Midcap opportunity fund 3000/-
2. DSP Tax saver fund 3000/-
3. Tata small cap fund. 4000/-
4. Kotak Flexi cap fund 2000/-
I want to start SIP of more 8000 in 2 MF, can you pls suggest which category MF should I buy? Also do i need to change existing MF scheme? I don't need Tax saver fund but it gave me around 14% return so I kept it, but ready to switch also.
Ans: Hello Ravi and thanks for writing to me.
You can consider starting monthly SIP's in the Funds mentioned below:
1-Kotak Small Cap Fund- Rs.4,000
2-SBI Magnum Midcap Fund-Rs.4,000