Hello Ulhas,
I am 36 years old and I am currently investing around 1 lakh per month distributed among these Mutual funds . Quant small cap , ICICI prudential technology, ICICI prudential commodities, HDFC flexi cap .. Wanted to understand if I shall continue with these funds or change my allocation.. I am looking for atleast 6-7 years
Ans: Hello Masroor & thanks for writing to me. All the funds you invest in are good funds, however I notice that you are investing in 2 thematic/sectoral funds, ICICI Prudential Technology Fund & ICICI Prudential Commodities Fund.
Thematic/sectoral funds are dependent on the market cycles and may not be suitable at all times for all investors. If you are confident about your understanding of the themes, you can continue investing in these funds. If you are not confident, then you can consider pausing SIP's in these schemes & instead invest in ICICI Prudential Mid cap fund & SBI Blue Chip Fund.