I have a lumpsum MF investment in the following:

Mutual Funds	Amount
1. ICICI Prudential Bluechip Fund	Rs 10,000
2. ICICI Prudential Equity Debt Fund	Rs 10,000
3. ICICI Prudential Smallcap Fund	Rs 5,000
4. ICICI Equity Savings Fund	Rs 12,000
5. ICICI Value Discovery Fund	Rs 7,000
6. ICICI Long Term Equity Fund	Rs 9,000

Ans: Funds are decent, with present monthly SIP of Rs. 1,81,600 the corpus that will created will be nearly Rs. 4 .5 crs

Ans: Overall, you have over-diversified your investments. It is always better to invest in one or maximum two funds of the same category.

Although, all funds chosen by you have good fundamentals, but they carry a high level of risk with them. Without the risk profile and investment time horizon, it is difficult to comment on how long to stay invested in these funds. We should not only focus on funds’ performance but also our risk appetite and investment time horizon.

Special recommendation on sectoral/thematic funds are as follows:

Tata Digital India Fund Direct Growth: It invests primarily in companies related to digital technology and innovation in India. The fund has delivered average annual returns of 20.65% since inception. You may need to review it every six months or in case of any material change in the fund or industry. As of now, the fundamentals seem good, but sectoral funds come with very high risk.

ICICI Prudential Commodities Fund: It invests in equity-related securities of companies engaged in commodities and commodities-related sectors. The fund has delivered a higher return as compared with the category average, and should be reviewed every six months or in case of any material change in the industry.

Ans: You dont need more than 4-5 funds. Exit the below funds,

- ICICI Commodities
- Quant Active
- Mahindra Multicap