I am 69 years old and have started investing for the last couple of years.

Please check and let me know if my investments are on the right track.

I intend to carry on with investment for another two years.

Looking forward to your advice.

SIP since July 2018

1. Nippon India Small Cap fund (G)	Rs 50K
2. ICICI Pru Bluechip Fund (G)	Rs 1 lakh
3. ICICI Pru Multicap Fund (G)	Rs 50K
4. ICICI Pru Multi-Asset fund (G)	Rs 50K
5. Kotak Equity Opportunities Fund -- Regular Plan	Rs 30K
6. Kotak Flexi Cap -- Regular Plan	Rs 30K
7. Axis Focused	Rs 25K-30K
8. Aditya Birla Sun Life Frontline Equity Fund	Rs 30K
9. HDFC Capital Builder Value Fund	Rs 20K
10. Tata Equity PE Fund -- Regular Plan, G	Rs 60K
Total value is around	Rs 2 crores

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: Hello Renuka. Considering all factors, Portfolio reports sounds good except Aditya Birla Sunlife AMC and Sundaram AMC. I would recommend to reconsider the same.

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: You've built a diversified portfolio across various fund categories, which is good. However, it's also crucial to monitor and review your investments regularly. Given your investments' recency, it's essential to give them time to grow.

Consider consolidating similar funds to avoid redundancy, which could simplify tracking and reduce overlapping holdings. Given the number of funds, there might be overlapping sectors or stocks across schemes.

Regularly review the performance of each fund and its alignment with your financial goals. Consider rebalancing if any fund deviates significantly from its peers or your investment objectives. Consult a financial advisor for personalized advice tailored to your financial goals and risk tolerance.