Hi Sir, I want to invest monthly 3-4 lakhs to equity/gold(SGB in secondary market)/debt. How can I diversify my investment to reduce risks? What could be my generic investment approach? I would be able to invest for 3 years from now. Should I just accumulate and wait for market correction?

I am cumulatively investing Rs 12,500 in sip every month. I have a fear that over-diversification may reduce my ultimate return. I am currently aged 36, started investing 3 year back and plan to achieve 2.5cr till age 50 through overall investment as below. Please suggest should I add more mutual funds or continue with the one I have by increasing amount.  SIP  Monthly  AXIS LONG TERM EQUITY FUND - DIRECT PLAN  2,500.00 DSP TAX SAVER FUND - DIRECT PLAN  3,000.00 ICICI PRUDENTIAL LONG TERM EQUITY FUND - DIRECT PLAN  2,500.00 MIRAE ASSET EMERGING BLUECHIP FUND - DIRECT PLAN  2,000.00 MOTILAL OSWAL NASDAQ 100 FUND OF FUND - DIRECT PLAN  2,500.00 Lump Sum  Amount MOTILAL OSWAL S&P 500 INDEX FUND - DIRECT PLAN  1,50,000.00 PARAG PARIKH FLEXI CAP FUND - DIRECT PLAN  1,00,000.00 TATA DIGITAL INDIA FUND - DIRECT PLAN  1,50,000.00

Below is my portfolio. My age is 27. I plan to invest long term, but still want to have about 25 per cent available for easy withdrawals. Request your inputs. Also, request your suggestion on my investments on sectoral and foreign funds. Monthly SIPs Company No of units Mirae Tax Saver 4,000 Quant Tax Plan 4,000 Edelweiss Balanced Advantage 4,000 Axis Small Cap 2,000 Mirae Emerging Blue Chip 3,000 ICICI Technology Direct 1,000 Nippon Pharma Fund 1,000 ICICI Commodities Fund 1,000 Motilal NASDAQ 100 FOF 2,000 Edelweiss Greater China Equity 1,000 Any other equity plan you would suggest to further diversity? I have also made a lump sum investment in the following debt funds. Company No of units Aditya Birla Corporate Bond 1,00,000 HDFC Credit Risk Debt Fund 50,000 ICICI Short Term Fund 25,000 Should I invest more in debt? Are there better debt plans?

I am 38 years old and have been investing in equity mutual funds since 2012. These are my investments in equity till date. I have stopped my SIPs this month, except for Mirae Emerging Bluechip. I also have life insurance (Rs 38,634 per annum) and Mediclaim (Rs 19,000 p a). 1. I want to invest an additional lump sum of Rs 1 lakh and start 3 new SIP of Rs 2,500 per month. Can you suggest where I should invest -- in the funds I am already invested in or in any new category? 2. I have not been able to make up my mind on debt investment since I am not sure about gains (4-8 per cent) and then pay capital gains tax from debt investment, compared to money parked in a savings account (interest at 3.5 per cent). These are my current investments. Your response would be appreciated.  ELSS (Mirae Asset & Quant) Rs 4,40,000 Flexi Cap (Parag Parikh & UTI) Rs 1,60,000 Index (HDFC Sensex) Rs 30,000 Large & Mid (Canara Emerging Equities & Mirae Emerging Bluechip (SIP-7500)) Rs 4,31,000 Large Cap (Mirae Large Cap) Rs 99,100 Multi Cap (Nippon India) Rs 30,000 Sectoral/Thematic (SBI Magnum) Rs 27,000/-

I am 36 yrs old and have an investment horizon of 20 yrs. My goal is to generate corpus for my daughter's higher education and for my retirement. My current investments in MFs are: Mirae asset emerging bluechip: 4k ICICI prudential bluechip: 4k Axis bluechip: 4k Parag parikh flexicap: 4k SBI balanced advantage fund: 2k Quant active fund: 5k Canara robeco small cap: 4k Motilaloswal midcap nifty150: 1k Kindly suggest about other investments and if i need to relook at my portfolio for better diversification.