Kindly suggest your opinion on this. I have the following monthly SIPs:

• ADITYABSL MNC GR - 1000
• BARODA BNP PAR MID CAP FUND GR - 3000
• KOTAK EMERGINGEQUITY GR - 3000
• SUNDARAM MID CAP GR - 2000
• DSP SMALL CAP GR - 10000
• L&T EMERGING BUSI RP GR -4000
• QUANT SMALL CAP GR - 5000
• MAHINDRA TOP250 NIV YOJ REG GR - 7500
• UNION FLEXI CAP FUND - GROWTH - 5000
• ADITYABSL PURE VALUE (G) - 1000
• ICICI PRU FOCUSEQ (G) - 7500
• INVESCOINDMULTICAP (G) - 1000

One Time investments:

• IDFC LARGE CAP (G) - 250000
• UTI MASTERSHARE (G) - 250000
• HDFC FOCUSED 30 (G) – 250000

Ans: Please continue with 2, 3, 4, 5, 8, 12, 13

Ans: Hello Mriganka. Your portfolio appears to be over-diversified. There is a proportion in both sector and thematic funds. Hence, I would suggest you to reconcise and reshuffle your portfolio. Also, reconsider Edelweiss mid-cap and Tata Small Cap Fund. With 31k monthly sip you may achieve a corpus of 4.08 cr in the next 20 years with 14% CAGR.

Ans: You've set a strong foundation with a diverse range of funds, showing a proactive approach to investing. However, there are a few considerations to keep in mind to optimize your portfolio:

Diversification: While diversifying across fund types is good, ensure you're not over-diversifying within similar categories. Consolidating similar funds can simplify your portfolio.
Consistency: Regular review is essential. Keep an eye on fund performance, and if a fund consistently underperforms its benchmark or peers, consider replacing it.
Goals Alignment: Ensure your investment choices align with your financial goals. For example, ELSS for tax-saving should ideally be held for the long term, while balanced funds can offer a mix of growth and stability.
Risk Tolerance: Understand your risk tolerance. Some funds like small and mid-cap or value discovery can be more volatile but offer higher growth potential. Ensure your portfolio aligns with your risk appetite.
Costs: Keep an eye on the expense ratio. Lower expense ratios can improve your returns over the long term.
Considering these factors, you might consider:

Consolidating funds with similar objectives.
Reviewing the performance of Icici prudential Dividend Yield Fund and Nippon small and multi-cap, as these categories can be volatile.
Rebalancing your portfolio periodically to ensure alignment with your goals and risk tolerance.
Remember, while it's essential to stay invested for the long term, regular reviews and adjustments can help optimize your returns and keep your portfolio aligned with your financial goals. Consult with a financial advisor for personalized advice tailored to your needs.