I am doing SIP of 10K each in three funds below since 1.5 years and wish to invest for next 8-9 year. Kindly suggest your views. 

Name of the Fund	Category	RankMF Star Rating
Kishor Chaudhari
Kotak Standard Multicap Fund-Growth	Equity - Multi Cap Fund	4
L&T Midcap Fund-Regular Plan-Growth	Equity - Midcap Fund	3
Tata Equity P/E fund Regular Plan - Growth	Equity - Value Fund	5

Ans: All your funds are decent, however, TOO many. Restrict yourself to 3-5 funds not more than that!

Ans: Rohith,

It's commendable to see your dedication towards building a diversified investment portfolio through SIPs. Reviewing your portfolio is crucial to ensure it remains aligned with your financial goals and risk tolerance.

Firstly, let me appreciate your proactive approach in diversifying your investments across multiple funds. This spreads risk and enhances potential returns. However, it's essential to periodically evaluate the performance of each fund and make adjustments as necessary.

Consider factors like fund performance, consistency, fund manager's track record, and investment objectives. Additionally, assess whether your portfolio reflects your risk appetite and investment horizon.

Remember, investing is a journey, not a destination. Stay informed, stay patient, and stay committed to your financial goals. Regularly review and rebalance your portfolio to adapt to changing market conditions and personal circumstances.

As a Certified Financial Planner, my role is to guide you on this journey, providing insights and recommendations tailored to your unique situation. Feel free to reach out for further assistance or clarification.

Wishing you success in your investment journey!

Ans: Your SIP portfolio appears diversified across different fund categories, which is good for spreading risk. However, having too many funds can sometimes lead to overlapping and may not necessarily enhance returns. Consider consolidating into fewer funds with strong track records and proven strategies. Additionally, given your goal horizon of 3-5 years, ensure that the risk profile of the funds aligns with your investment horizon. Regularly review and adjust your portfolio as needed to stay on track towards your goal.