Hope you are doing well.

I read your article regarding mutual funds and wanted to check if I continue to invest in them and replace any/few of those.

I am planning to invest for 10-15 years.

I am currently having monthly SIP (51K total) from a year and half for following funds.

Mutual Funds	Plan	Amount
1) Aditya Birla Sun Life Pure Value Fund	Growth	Rs 5000
2) Kotak Flexi cap Fund	Growth	Rs 5000
3) Canara Robeco Emerging Equities	Regular Plan - GROWTH	Rs 5000
4) HDFC Top 100 Fund	Growth Option	Rs 5000
5) Parag Parikh Flexi Cap Fund	Regular Plan - Growth	Rs 4000
6) ICICI Prudential Focused Equity Fund	Growth	Rs 3000
7) ICICI Prudential Bluechip Fund	Growth	Rs 4000
8) Nippon India Large Cap Fund	Growth Plan -Growth Option	Rs 5000
9) Axis Small Cap Fund	Regular Plan - Growth	Rs 4000
10) ICICI Prudential Smallcap Fund	Growth	Rs 3000
11) SBI Small Cap Fund	Regular Plan - Growth	Rs 5000
12) Nippon India Pharma Fund	Growth Plan-Growth	Rs 3000

I am also having hybrid funds in HDFC Hybrid Equity Fund - Growth.

Your review and feedback will be very appreciable.

Thank you for your time and have a nice day.

Ans: Funds are decent, however there are too many in your portfolio. These funds may be considered for additional investment.

Ans: Hello Avinash. Thank you for writing to me. You can continue to invest these funds.

Ans: It's great to see that you're investing regularly in mutual funds for your future financial goals. Here are some insights and suggestions regarding your current investments and future plans:

Review Existing Investments: It's essential to periodically review the performance of your current mutual fund investments to ensure they are aligned with your financial goals and risk tolerance. Evaluate factors such as fund performance, expense ratios, fund manager track record, and portfolio diversification.

ELSS Funds: ELSS (Equity Linked Savings Scheme) funds offer tax benefits under Section 80C of the Income Tax Act, along with the potential for long-term capital appreciation. Since you're investing in multiple ELSS funds, ensure that they have a consistent track record of performance and are managed by experienced fund managers.

Sectoral Funds: Funds like Aditya Birla Sun Life Digital India Fund and ICICI Prudential Technology Fund invest in specific sectors (digital/technology). While these funds can offer high growth potential, they also carry higher risk due to sector-specific volatility. Make sure to monitor these funds closely and be prepared for fluctuations in returns.

Small Cap Fund: Nippon India Small Cap Fund invests in small-cap stocks, which have the potential for high returns but are also more volatile. Given the risk associated with small-cap funds, ensure that they align with your risk appetite and investment horizon.

Future SIP Increase: Increasing your SIP amount is a prudent move to accelerate wealth accumulation over time. Before adding new funds or increasing existing SIP amounts, assess your overall portfolio diversification and risk exposure.

New Fund Consideration: Parag Parikh Flexi Cap Fund is known for its diversified investment approach across different market caps and sectors, making it suitable for long-term wealth creation. Quant Small Cap Fund focuses on small-cap stocks and can complement your existing small-cap allocation.

Asset Allocation: Ensure that your overall portfolio is well-diversified across different asset classes, such as large-cap, mid-cap, small-cap, and flexi-cap funds, to mitigate risk and optimize returns.

Professional Advice: Consider seeking advice from a certified financial planner or investment advisor who can provide personalized recommendations based on your financial goals, risk profile, and investment horizon.

In summary, while your current investments appear diversified, it's essential to monitor their performance regularly and make adjustments as needed. Increasing your SIP amount and considering additional funds like Parag Parikh Flexi Cap and Quant Small Cap can enhance diversification and potentially improve long-term returns. However, ensure that any new additions align with your investment objectives and risk tolerance.