I am 37 years old and my investments are listed below. My risk appetite is medium. 

A) Ongoing SIP

1. Franklin India Prima Plus - Growth   ₹ 2,500.00
2. Franklin India Bluechip Fund - Direct Dividend   ₹ 2,000.00
3. ICICI Prudential Value Discovery Fund - Growth ₹ 4,000.00
4. Kotak Emerging Equity Scheme-Growth   ₹ 3,000.00
5. Mirea Asset India Equity Fund - Regular Growth ₹ 3,000.00
6. SBI Magnum Multicap Fund - Direct Dividend ₹ 2,000.00

Ans: Too many funds, keep 1 fund in same / similar category. No further addition please! 

Ans: Hello Mr Chittanand , Glad to see you are already into investing. Kindly reduce number of schemes and same nature schemes. As far as shares are concerned portfolio looks good but do book profits when you get them.
Kindly let me know what advice you need as your question does not say so

Ans: You have not provided the investment amount in all these funds. But in general, the fund selection seems to be tilted more towards mid and smallcaps. This kind of allocation is suitable only for those who have required risk profile and can identify as aggressive investors. For largecap exposure, one can even opt for passive largecap funds though active funds are still fine for mid and small-cap exposure.

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. And the views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

Ans: Assessing and Optimizing Your Mutual Fund Portfolio for Aggressive Risk Appetite

As a Certified Financial Planner (CFP), I'll evaluate your mutual fund portfolio and suggest potential optimizations to align with your aggressive risk appetite and long-term financial goals.

Analyzing Current Portfolio Allocation and Diversification

Your portfolio comprises a diverse mix of equity funds spanning various market capitalizations and sectors. While this diversification can potentially enhance returns, it's crucial to assess the overall allocation and ensure it aligns with your risk appetite and investment objectives.

Identifying Overlapping Holdings and Concentration Risks

Reviewing your fund selection, I observe potential overlap in holdings across funds, leading to concentration risks. Overlapping investments may increase portfolio correlation and susceptibility to market fluctuations, necessitating a reassessment of fund selection to achieve better diversification.

Assessing Fund Performance and Consistency

Evaluating the performance of individual funds over different time horizons can provide insights into their ability to deliver consistent returns. It's essential to identify funds that have demonstrated resilience across market cycles and outperformed their benchmarks and peers over the long term.

Considering Expense Ratios and Fund Costs

Expense ratios and fund costs impact overall returns and should be scrutinized to ensure they align with the value proposition offered by each fund. While lower expense ratios are desirable, it's essential to weigh them against other factors such as fund performance and portfolio management quality.

Exploring Opportunities for Optimization and Rationalization

Given your aggressive risk appetite, optimizing your portfolio to enhance potential returns while managing risks is paramount. This may involve consolidating overlapping holdings, reallocating investments towards high-conviction funds, and introducing exposure to emerging themes or sectors with growth potential.

Emphasizing the Importance of Regular Monitoring and Review

As a CFP, I stress the significance of regular portfolio monitoring and review to adapt to changing market dynamics and investor preferences. Periodic reassessment of fund performance, asset allocation, and risk exposure can help optimize your portfolio and capitalize on emerging opportunities.

Seeking Professional Guidance for Portfolio Optimization

I recommend consulting with a qualified financial advisor or Mutual Fund Distributor (MFD) with a CFP credential to conduct a comprehensive portfolio review and optimization exercise. Professional guidance can provide valuable insights and recommendations tailored to your specific risk profile and investment objectives.

Making Informed Investment Decisions for Long-Term Wealth Creation

In conclusion, optimizing your mutual fund portfolio for aggressive risk appetite requires a strategic approach that balances potential returns with prudent risk management. By conducting thorough analysis, seeking professional guidance, and maintaining a disciplined investment approach, you can work towards achieving your long-term financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in