You should consider reviewing the performance of these schemes at least once a year ascertaining their progress
I started monthly SIPs in BSL Frontline Equity, ICICI Prudential Focused Bluechip Equity and SBI Magnum Equity. I have a long term outlook of over ten years for my investments. I can add more funds to invest, please suggest what funds can I invest in?
Somendra Ghosh, Noida
You are investing in good schemes with a proven track record and performance history over a long period. You haven’t stated the sum you are investing each month in these schemes to get a better understanding on how you have allocated money into them. Investing for such a long time frame in equities is desirable, however, you should consider reviewing the performance of these schemes at least once a year ascertaining their progress and how they are faring. All these funds are also part of the OLM Elite portfolios and are suitable for long-term investors in mutual funds.