I am 32 years old and started investing in SIP from the year 2022 onwards. I am investing 36000 per month but there are too many funds and want to reduce it to a minimum number of funds. I am planning to create a corpus of around 5 CR at the end through this and invest for the next 20 years. Please suggest what changes/merges I should make. Also do I need to increase the SIP amount to reach this Goal? 

1. Parag Parikh Flexi Cap - 5000

2. Axis Growth Opportunities - 2000

3. Axis Triple Advantage - 3000

4. Mirae Asset Emerging Bluechip - 2000

5. Sundaram Equity Savings - 1000

6. SBI Small Cap - 5000

7. SBI Focused Equity - 2000

8. Canara Robeco Emerging Equities - 5000

9. PGIM India Midcap Opportunities - 200

10. DSP Quant Fund - 2500

11. DSP Focus Growth - 2500

12. HDFC Nifty 100 Equal Weight Index Fund - 2000

13. HDFC Tax Saver - 2000

I am 32 years old and started investing in SIP from the year 2022 onwards. I am investing 36000 per month but there are too many funds and want to reduce it to a minimum number of funds. I am planning to create a corpus of around 5 crore at the end through this and invest for the next 20 years. Please suggest what changes/mergers I should make. Also do I need to increase the SIP amount to reach this goal?  1. Parag Parikh Flexi Cap - 5000 2. Axis Growth Opportunities - 2000 3. Axis Triple Advantage - 3000 4. Mirae Asset Emerging Bluechip - 2000 5. Sundaram Equity Savings - 1000 6. SBI Small Cap - 5000 7. SBI Focused Equity - 2000 8. Canara Robeco Emerging Equities - 5000 9. PGIM India Midcap Opportunities - 200 10. DSP Quant Fund - 2500 11. DSP Focus Growth - 2500 12. HDFC Nifty 100 Equal Weight Index Fund - 2000 13. HDFC Tax Saver – 2000

I have invested in below mutual funds via SIP from Jan 2018 and will continue the investment for another 12-13 years. I want to build a Retirement Corpus of 4 to 5 crores.  My risk profile is Aggressive/Moderate and want a mix of Equity & Debt Funds. My current portfolio is as follows:  1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month  2) L & T Midcap Fund Cumulative - 2000 per month  3) Mirae Asset Large Cap Fund -Growth - 2000 per month  4) SBI Magnum Multicap Fund - Growth - 2000 per month  5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month. 6) Axis Bluechip Fund G - Direct Plan - 2000 per month (This is only 5 Months Old SIP) Please suggest if i want to increase the current SIP amount of 12000 per month to reach the goal & if the above portfolio needs to be tweaked to better funds.  SIP of Rs. 12K can build a corpus of Rs. 60 lakhs only in 15 years …  for 4 to 5 crs , SIP amount needs to be Rs. 75000 to Rs. 100000

I invest 1.25 lakh per month in SIP. These include both Debt and Equity investments. Below is the SIP spread across different days in a month. I want your advice to help me reduce the number of funds and which once to increase and which to exit. My monthly SIPs: 1. Aditya Birla Sun Life Frontline Equity Direct Fund-Growth - 5k 2. SBI Magnum Medium Duration Fund Direct -Growth - 22k 3. HDFC Corporate Bond Fund Direct Plan - Growth - 23k 4. Axis Long Term Equity Direct Plan-Growth - 5k 5. Aditya Birla Sun Life Tax Relief 96 Direct-Growth - 5k 6. Mirae Asset India Equity Fund Direct- Growth - 7k 7. Mirae Asset NYSE FANG+ ETF FoF Direct - Growth - 5k 8. Motilal Oswal Nasdaq 100 FOF Direct - Growth - 11k 9. Kotak Standard Multicap Fund Direct-Growth - 7k 10. Mirae Asset Emerging Bluechip Fund Direct-Growth - 2.5k 11.HDFC Index Sensex Direct Plan-Growth - 13k 12.Mirae Asset Hybrid Equity Fund Direct-Growth - 7k 13. Axis Bluechip Fund Direct Plan-Growth - 8k 14. Franklin India Prima Direct Fund-Growth - 5k

I am 32 years old and started investing in SIP from the year 2022 onwards. I am investing 36500 per month but there are too many funds and want to reduce it to a minimum number of funds. I am planning to create a corpus of around 5 CR at the end through this and invest for the next 20 years. Please suggest what changes/merges I should make. Also do I need to increase the SIP amount to reach this goal.  1. Parag Parikh Flexi Cap - 5000 2. Axis Growth Opportunities - 2000 3. Axis Triple Advantage - 3000 4. Mirae Asset Emerging Bluechip - 2000 5. Sundaram Equity Savings - 1000 6. SBI Small Cap - 5000 7. SBI Focused Equity - 2500 8. Canara Robeco Emerging Equities - 5000 9. PGIM India Midcap Opportunities - 200 10. DSP Quant Fund - 2500 11. DSP Focus Growth - 2500 12. HDFC Nifty 100 Equal Weight Index Fund - 2000 13. HDFC Tax Saver – 2000

I am a working class man and have started SIP in following funds from the last 6 months. Can invest till my retirement i.e. for the next 23 years period. My total monthly SIP is of Rs 22,000, I can increase Rs 500 in each fund (i.e. 15% step up) every year based on my salary. For the next 13-15 years I can take high risk out of 23 years. My other investments are PF (21600(employer) + 21600(employee)) yearly and can start Rs 50,000 yearly in NPS for tax saving. Looking for a combined corpus of 8-10 crore till retirement for my child's education (1 year old) and for my retirement savings, Can I achieve this with my SIP and other investments? Kindly guide /provide your expert opinion whether any of my funds are overlapping or needs to be discontinued or any new funds needs to be added to meet my target corpus. Funds: 1. Mirae Asset Global Electric & Autonomous Vehicles ETFs FundofFund (Direct Growth) - Rs 1,000 -Active 2. canara Robeco Bluechip Equity Fund (Direct Growth-Large Cap) - Rs 3,000 -Active 3. ICICI Prudential US Bluechip Equity Fund (Direct Growth-Sectoral/Thematic) - Rs 3,000 -Active 4. PGIM India Flexi Cap Fund (Direct Growth) - Rs 3,000 -Active 5. PGIM India MidCap Opportunities Fund (Direct Growth) - Rs 3,000 -Active 6. Quant Active Fund (Direct Growth-Multicap) - Rs 3,000 -Active 7. Quant Small Cap Fund (Direct Growth) - Rs 3,000 -Active 8. Quant Tax Plan (Direct Growth-ELSS) - Rs 3,000 -Active 9. Axis Long Term Equity Fund (Direct Growth-ELSS) - Rs 3,000 -Paused