My investment is in 1. Quant small cap fund direct plan growth, 2. SBI Magnum mid cap direct plan growth, 3. SBI Bluechip direct plan growth, 4. ICICI PRUDENTIAL bluechip fund and 5. Axis bluechip fund. My monthly investment is 2500 rs/month, Please suggest if any changes needed.

Ans: Hello Vinit. Your selected portfolio is well diversified and looks good. If you wish to build corpus of 1 Cr in next 7years, I would suggest to add-on with your current sip investments to 75 k to achieve your goal or you can add on some funds annually to reach to sip investments of 75 k. Also, I would recommend to add flexicap categories in your portfolio.

Ans: so many schemes will not help you achieve any diversification
kindly stop and redeem some funds and the schemes that you can continue are mirae emerging kotak emerging axis mid and nippon small hdfc index fund and icici bluechip

Ans: Assuming that you have equal investments in all the five funds, then 60% of your investments are in one AMC which is a new one with not much of a track record. This is a big risk that you are taking by concentrating so much in one AMC. There are two more aspects of this risk:-
1. Quant works largely on momentum created by ‘quant’ factors which is a very risky strategy and I do not know whether it will be good for a long-term portfolio as it is a new way of managing entire funds.
2. I can also see that, because Quant funds have performed well in the near past, you have filled your portfolio with it. This too is risky since your portfolio will grow not based on pats returns but future ones. You need to do much more study for making a robust portfolio.

Last point is about the overall risk of your portfolio. Your 100% of the portfolio is of quant strategy funds and small-and-mid cap funds. Be very sure that you want your portfolio to take such a high risk.

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.