Sir, I have 2 SIPs, Axis Flexi Cap Fund Regular Plan Growth and Kotak Flexicap Fund Growth. Both are doing well. Can you pls suggest one or two more SIPs for investing.
Ans: Given your existing SIPs in Axis Flexi Cap Fund and Kotak Flexicap Fund, which are both diversified flexi-cap funds, you may consider adding SIPs in the following categories to further diversify your portfolio:
Large Cap Fund: Investing in a large-cap fund can provide stability to your portfolio. These funds primarily invest in well-established, large-cap companies known for their stability and consistent performance.
Mid Cap Fund: Adding a mid-cap fund can help capture the growth potential of mid-sized companies. These funds invest in companies with market capitalizations between large and small caps, offering potential for higher returns albeit with higher volatility.
International Equity Fund: Consider diversifying globally by investing in an international equity fund. These funds provide exposure to overseas markets and can hedge against domestic market risks.
Before selecting additional SIPs, assess your risk tolerance, investment goals, and time horizon. Also, ensure to review the fund's performance, investment strategy, and expense ratio before investing. Consulting with a financial advisor can provide personalized recommendations tailored to your financial situation and goals.
