SBI Flexicap Fund(Regular, Growth)
SBI Blue Chip Fund (Regular, Growth )
SBI Balanced Advantage Fund (Regular, Growth)
SBI Infrastructure Fund (Direct, Growth)Do I need to change these funds? I want to remain invested in SBI mutual fund schemes only.
–Niket Kumar
You have not shared details like your investment objectives, horizons, risk tolerance, among others. So it is not possible to offer personal advice. We will offer some comments on these schemes.
You are investing in a contra fund, flexi cap fund, large cap fund, balanced advantage fund, and infrastructure fund. These funds have different risk-reward profiles. For example, a balanced advantage or dynamic allocation fund is typically recommended to new or very conservative equity investors. A large cap scheme is meant for investors who want to create wealth without taking too much risk and volatility. A flexi cap scheme is recommended for moderate investors. A sector/thematic scheme is suitable for experienced or well informed investors. As you can see, they have varying degrees of risk. The returns also vary depending on the risk. You can find out whether they are suitable for you based on your risk appetite and return expectations.
You should remember that adding too many schemes without assessing risk and proper allocation plan often results in mismatch between objectives and returns. So, find out your risk tolerance level and choose schemes accordingly. If you want to invest only in SBI Mutual Fund, it is fine. However, you should realise that it increases concentration risk. Your fortune will be entirely dependent on the performance of a single fund house.
