I do a regular investment per month of Rs 8000 as SIP in mutual funds. The fund currently I am holding are:
1. HDFC Top 100 Fund -Rs 2000
2. ICICI prudential value discovery fund -Rs 1000
3. ICICI prudential blue chip fund - Rs 1000
4. HDFC Hybrid equity fund - Rs 1000
5. SBI blue chip fund - Rs 1000
6. SBI Small cap fund - Rs 1000
7. Mirae asset large cap fund - Rs 1000
I have invested Rs 214,372 till now and my market value is Rs 230,213 which means my annual return is 8.8 per cent. Shall I continue to invest in the above fund or shall I switch to some other better fund as per your advice and what will be my capital if I continue to invest for next 7 years as my current age is 43 years and I wish to invest till my age reach 50.
| Name of the Fund | Category | RankMF Star Rating |
| Anoop Adhikari | | |
| 1. Hdfc Top 100 Fund -Rs 2000 | Equity - Large Cap Fund | 4 |
| 2. Icici prudential value discovery fund -Rs 1000 | Equity - Value Fund | 3 |
| 3. Icici prudential blue chip fund- Rs 1000 | Equity - Large Cap Fund | 3 |
| 4. Hdfc Hybrid equity fund - Rs 1000 | Hybrid - Aggressive Hybrid Fund | 5 |
| 5. SBI blue chip fund - Rs 1000 | Equity - Large Cap Fund | 3 |
| 6. SBI Small cap fund - Rs 1000 | Equity - Small cap Fund | 3 |
| 7. Mirae asset large cap fund - Rs 1000 | Equity - Large Cap Fund | 4 |
Ans: You may please continue with 4 and 5 star schemes; for the rest you can consider these:
Equity - Large Cap Funds:
- LIC MF Large Cap Fund-Growth
- Axis Bluechip Fund-growth
Equity - Small cap Fund:
- Kotak Small Cap Fund – Growth
- Axis Small Cap Fund – Growth
Equity - Value Fund:
- Tata Equity P/E Fund (Growth Option)
- UTI Value Opportunities Fund- Growth Option
- L&T India Value Fund Growth Option
