Sir, I am 46, I am looking for advice, i have some where 20 funds of 60L portfolio. But i am currently looking at overlap of funds and wanted to balance it out may be bring it to 10 to 13 funds. So i am listing some of the funds from long term perspective, which is 5 to 10 years . Please let me know if those funds are good or any change required from overall portfolio. I will be spending 10 to 15% on ICICI Bluechip fund , removing hdfc 50 index + Canara rebeco Bluechip due to overlap of 54%.22.5% on Midcap - HDFC Midcap oppurtunities and Motilal oswal midcap fund and i no more be investing on SBI Maganum midcap fund and removing PGIM Midcap fund as star rating 1 and majorly star rating 4/5. I am also planinng to add Debt fund of 15% ( New investment to balance portfolio, Gsec 2036 bond, let me know if any thing which can give more than 8 %) for next 5 to 8 years. Also atleast i am expecting my portfolio to generate > 15% to 20% return. My stratergy , I see all overlap of stocks is between 9-14% . whichever has more than 30% overlap reducing it. I am looking at horizon of 5 to 10 years. I will continue doing sip of 1 lakh per month may be increasing by 5% every year for next 7 years. I am already having 60L portfolio and planning to increase 1 crore by mid of next year. Reason i am asking now is in future i dont want do major rebalance MF. i would like to sustain the model so that i get return consistantly. Please guide me on my stratergy and plan. If any changes in the portfolio. After sip stop i will start the SWP withdrwal of 4 to 5%. I am looking for generating 4 to 5 crores in next 7 to 10 years. Let me know how i can reach the goal.

Ans: You may also consider the below:

• Samco Flexi Cap fund Growth
• Axis ESG Equity fund – Growth
• DSP Quant fund - Growth

Ans: You may continue with the 5 & 4 rated funds; however for others better alternative is available

Equity - Large Cap Funds:

- LIC MF Large Cap Fund-Regular Plan-Growth

- Axis Bluechip Fund - Regular Plan - Growth

- Kotak Bluechip Fund - Growth

- Mirae Asset Large Cap Fund - Growth Plan

Equity - Mid Cap Funds:

- Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option

- DSP Midcap Fund - Regular Plan - Growth

Equity - Value Funds:Tata Equity P/E Fund Regular Plan -(Growth Option)

Equity - Focused Funds:

- Axis Focused 25 Fund - Regular Plan - Growth Option

- Motilal Oswal Focused 25 Fund (MOF25)- Regular Plan Growth Option

Equity - Large & Mid Cap Fund

- BOI AXA Large & Mid Cap Equity Fund Regular Plan- Growth

- Canara Robeco Emerging Equities - Regular Plan - GROWTH

- Tata Large & Mid Cap Fund- Regular Plan - Growth

Hybrid - Aggressive Hybrid Fund

- Axis Equity Hybrid Fund - Regular Plan Growth

- Dsp Equity And Bond Fund - Growth

- Motilal Oswal Equity Hybrid Fund-regular Plan Growth

Ans: Good Evening Anand Ji,

Thank you for sharing your detailed portfolio. At age 37, with a goal of ?10 crores in 15 years, you are on the right track — your current SIP of ?60,000/month + 10% step-up along with PF contribution can help you reach this corpus, provided you stay disciplined.

???? Current Portfolio (monthly SIP):

Nifty 50 Index – ?10,000

Parag Parikh Flexicap – ?10,000

Motilal Midcap – ?10,000

Edelweiss Aggressive Hybrid – ?7,000

Nippon Small Cap – ?5,000

Quant Small Cap – ?5,000

SBI Contra – ?5,000

Motilal MicroCap – ?2,000

ICICI Pru Gold ETF – ?2,000

Motilal NASDAQ ETF – ?4,000

Observations:

Too many funds (10 in total) → causes overlap, doesn’t improve returns.

Overexposure to small-cap (Nippon, Quant, Motilal MicroCap) → higher risk. Keep small-cap allocation ≤20%.

Edelweiss Aggressive Hybrid is not necessary if you already have equity + PF exposure.

Contra funds are thematic — not core holdings.

NASDAQ ETF adds global exposure but keep to

Ans: You have done well to start early at age 36.
A 24-year horizon gives you a powerful advantage.
You also seem clear in your intent to consolidate.
Too many funds create overlap and confusion.
Your step to reduce and focus is absolutely right.

» Reviewing Your Existing Portfolio

– You currently hold 8 different mutual funds.
– Some are for short goals (ELSS, HSBC, Zerodha).
– Others are long-term growth funds (Focused, Flexi, Small, Mid, Momentum).
– Your SIP commitment shows great discipline.
– Let us go through each one and evaluate.

» SBI Focused Fund – Continue

– This is a focused equity fund.
– A good long-term holding for wealth creation.
– Fund size and management are stable.
– You already increased SIP gradually.
– Continue and increase gradually with income growth.
– Avoid replacing this. It adds quality.

» PPFAS Flexi Cap – Continue

– One of the most consistent flexi-cap funds.
– Balanced risk and global exposure strategy.
– It fits long-term goals well.
– Fund manager is known for stability.
– You started recently. Give it time.
– Continue without changes. Increase SIP steadily.

» Nippon Small Cap – Continue

– Small caps bring growth but higher volatility.
– You are young. You can handle this.
– Don't go overboard with small-cap exposure.
– Keep this as your only small-cap fund.
– Avoid adding more in this category.
– Continue but cap exposure below 20% total.

» Mirae Asset ELSS – Stop After Rs.1L

– ELSS is mainly for tax saving.
– Once Rs.1 lakh 80C is done, no need.
– Keep it only if you lack 80C coverage.
– Else, stop after your Rs.1 lakh investment.
– No long-term need to retain it.
– Shorter lock-in makes it manageable.

» Zerodha Nifty 250 – Stop After Rs.1L

– This is an index fund.
– Index funds blindly copy market index.
– No fund manager input. No downside protection.
– Returns are average, not exceptional.
– Active funds give better value with skill.
– Stop at Rs.1 lakh as planned.
– Avoid further investment in index options.

» HSBC Multi Cap – Stop After Rs.1L

– Multi-cap is already covered via flexi cap.
– Also, Focused Fund gives good diversification.
– No need for overlap through this fund.
– Performance and consistency are also average.
– Stop SIP after reaching Rs.1 lakh.
– Do not increase this one further.

» Motilal Oswal 500 Momentum 50 – Continue

– This is a thematic strategy-driven fund.
– Momentum funds are volatile but can outperform.
– Keep exposure moderate, not more than 15%.
– Track performance closely every 2 years.
– Continue for now, but with caution.
– Increase SIP only if performance justifies it.

» Motilal Oswal Mid Cap – Continue

– Mid-cap is a must in long-term portfolio.
– Gives strong growth potential with some risk.
– Stick to only one mid-cap fund.
– You started recently, give it time.
– Continue and increase SIP slowly over years.

» Ideal Fund Count for You

– Keep only 4 or 5 mutual funds.
– This keeps your tracking easy and efficient.
– More funds create duplication and stress.
– Your long-term portfolio can be:

1 Focused Equity Fund

1 Flexi Cap Fund

1 Mid Cap Fund

1 Small Cap Fund

1 Thematic Fund (optional - Momentum)

– This keeps it clean and balanced.

» Recommended Action Plan Now

– Continue SBI Focused, PPFAS Flexi Cap, Nippon Small Cap.
– Continue Motilal Oswal Mid Cap and Momentum 500.
– Stop SIP in ELSS after Rs.1 lakh is reached.
– Stop Zerodha index fund after Rs.1 lakh is reached.
– Stop HSBC Multi Cap after Rs.1 lakh is reached.
– Increase SIPs in Focused, Flexi, Mid gradually.
– Keep total SIP in Small and Momentum limited.
– Let core SIPs go into Focused and Flexi Cap.

» Asset Allocation Tips

– Equity should be 80% or more at your age.
– Within equity, use this breakdown:

40% – Flexi + Focused (core funds)

25% – Mid Cap

15% – Small Cap

10% – Momentum

10% – Others (short-term goals, ELSS if needed)

– This keeps your portfolio aggressive but smart.

» Avoid Direct Plans – Stick with Regular Funds

– Direct plans save commission but offer no guidance.
– Mistakes in selection and timing are costly.
– Regular funds through a Certified Financial Planner help.
– You get human support, behaviour control and reviews.
– Good advice adds more value than saved fee.

» Don’t Add More Funds Now

– You already hold enough categories.
– Adding one more mid/small-cap fund is unnecessary.
– Instead, increase SIP in existing mid/small-cap fund.
– This keeps focus and improves compounding effect.
– Less clutter. More growth.

» Don’t Replace Core Funds

– Don’t shift from Focused or Flexi Cap funds.
– They are long-term wealth creators.
– Allow them time to show results.
– Avoid jumping to new trendy funds.

» Monitor SIPs Annually

– Review once in a year.
– Check returns against benchmarks and peers.
– Don’t panic with short-term underperformance.
– See 3 to 5 year consistency.
– Only then decide to switch or increase.

» Understand Tax Impact Clearly

– For equity MFs, LTCG above Rs.1.25 lakh taxed at 12.5%.
– STCG (below 1 year) taxed at 20%.
– Avoid frequent redemptions to save tax.
– Let funds grow for 10+ years.
– ELSS lock-in is 3 years but stay longer.
– Plan redemptions smartly after year 20.

» Insurance Must Be Separate

– Don't mix investment and insurance.
– Buy a pure term insurance plan separately.
– Don’t buy ULIPs or endowment policies.
– If you hold them, surrender and move to MFs.
– Insurance is for protection, not returns.

» Build Emergency Fund Separately

– Keep 6 months of expenses in a liquid fund.
– Don’t use equity mutual funds for emergencies.
– This protects SIPs during tough times.
– Helps you avoid stopping or redeeming in panic.

» Use a Certified Financial Planner

– A professional adds structure to your goals.
– They keep your asset mix balanced.
– They stop you from making emotional decisions.
– Use one to guide you for 24 years.
– Long-term plans need expert review and tracking.

» Finally

– You have started very well.
– You show great clarity and intent.
– Just reduce the clutter now.
– Focus only on 4 to 5 good funds.
– Gradually increase SIPs in your top 3.
– Don’t add new funds for now.
– Monitor and review once each year.
– Let compounding do its job slowly.
– Follow discipline, patience and planning.
– Stay invested for full 24 years.

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

https://www.youtube.com/@HolisticInvestment