The Economic Times

I invest Rs 60,000 monthly via SIPs. Should I add a multi-asset or balanced advantage fund to reduce volatility?

I am 42, earning Rs 28 lakh annually. I invest Rs 60,000 per month through SIPs in a mix of large cap (40%), flexi-cap (30%) and mid-cap (30%) funds. My investment horizon is 12-15 years, primarily for retirement. Is it advisable to add a multi-asset or balanced advantage fund to reduce volatility?