Sir, I have following mutual Funds and I believe I have made many mistakes.. Need your advice as all are completing 12 months now. Canera robeco infrasturcfure fund Growth Regular - 5000/SIP - total value 70000 (with small lumpsum) Current Value 72236 - I am not sure whether to keep or not? UTI Flexicap - 5000 SIP with total value 65000 Current value 64500 - I am not sure whether to keep or not? Mirae asset large cap growth regular - 5000 SIP - total value 113000 (With small lumpsums) Current Value 115000 - I am not sure whether to keep or not? Axis focused 25 growth regular - 5000 SIP - total value 75000 (with small lumpsums) - Current Value 74700 - I am not sure whether to keep or not? Axis Bluechip growth regular - 5000 SIP TOtal Value 155000 - Current Value 155100 - I am not sure whether to keep or not? Kotak small Cap growth regular No SIP - I put in lumpsums during dips - total value 2 lakhs current value 202946 - I plan to keep it and eventually bring it to direct mode and continue investing - what's your opinion? SBI Contra Fund growth regular - NO SIP - I put in lumpsums during dips total value 166000 and current value 179780 - I plan to continue and bring it eventually to direct mode and continue investing. What is your opinion? SBI Contra fund - direct growth No SIP - I put in lumpsums during dips - total value 125000 current value 133000 - I plan to keep it and continue investing during dips and will eventually bring the 166000 from the regular mode also to the direct mode. What is your opinion? SBI Flexi CAP regular growth No SIP - I put in lumpsums during dips ) - Total value 1 lakh - current value - 103500 - I am not sure whether to continue investing in this one or not? Invesco India regular growth - 5000 SIP - total value - 40000 - current value - 40900 - I am not sure whether to continue or not? DSP Mid Cap regular growth - 5000 SIP - total value 40000 - current value 40200 - I am not sure whether to continue or not? HDFC Multicap Regular Growth - 5000 SIP - total value 50000 (with small lumpsum) - Current vlaue - 50260 - I might just continue with this one. What is your opinion? Parag Parikh Flexi cap regular growth No SIP - I put in money during dips - total value 2.7 lakh - current value - 2.93 Lakhs. I plan to continue investing lumpsums during dips and will eventually bring it in direct mode. What is your opinion? SBI Large and mid cap direct growth - 5000 SIP - total value approx 70000 - current value approx 74000. I might just continue with this one. What is your opinion? Quant ELSS direct growth No SIP - I put in money during dips. Total value approx 3 lakhs. Current value (haven't checked). I plan to continue putting lupmsums during dips. What is your opinion? Nippon India Small Cap direct growth No SIP - I put in money during dips. Total value approx 2.8 lakhs. Current Value (Haven't checked). I plan to continue putting lump sums during dips). What is your opinion? Kotak Bluechip Direct growth - No SIP. I put in money during dips. total value 2.35 lakhs. Current value approx 2.5 lakhs. I plan to continue putting lumpsums during dips. What is your opinion? As, I can see that there are too many funds and lots of overlapping also. Many funds have been at their historically low and some have been at the lowest ladder in rankings with continue bad performance. Thus, I need to reduce the number of funds and stop the bad ones and also to reduce the overlapping. It is not a goal based investment but simply an investment with no time horizon but I do not see myself touching them for the next 10 years. In fact, I plan to just keep putting in more so my approach can be seen as aggressive one and I would not mind going bullish on small caps and mid caps as the time horizon is long. Please advice me on how to proceed. Thanks

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

Ans: Hello and thanks for writing to me. The funds you invest in are good funds and you can continue investing in them.

Ans: According to the data you have given, it appears that you have a Rs. 12,000/- monthly systematic investment plan (SIP) distributed across seven different mutual funds. Generally speaking, if your entire investing amount is Rs. 10 lakhs, you should invest in 6-7 mutual funds. Over-diversification can result from having too many mutual funds in your portfolio.

Regarding the recommendation on the mutual funds in your portfolio, all of them are considered to be fundamentally strong with a good track record. Investments in pure equity funds are recommended for the long term, ideally for a period of 5-7 years.

On the other hand, certain categories such as Small Cap, Mid Cap, and Sectoral funds are recommended only if you have an investment horizon of more than 7 years.

It's worth noting that two of the funds in your portfolio, namely Axis Nifty 50 Direct Plan Growth and ICICI Nasdaq Index Direct Plan Growth, are recently launched funds. As a result, they do not have sufficient track record to accurately assess their risk and reward potential.
We hope that you have made your investments based on your short-term and long-term goals, taking into consideration your risk profile.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.

Ans: Let's review your Mutual Fund investments, both one-time and SIPs, to ensure they align with your financial goals and risk profile.

One-time Investments:

ICICI India Opportunities Fund:
This fund aims to capitalize on diverse investment opportunities across sectors and market capitalizations. It can be suitable for investors seeking broad-based exposure to Indian equities.
ICICI Value Discovery Fund:
This fund focuses on identifying undervalued stocks with the potential for growth, emphasizing a value investing approach. It can be suitable for investors with a long-term horizon and a value-oriented mindset.
ICICI Transportation & Logistics Fund:
This sector-specific fund focuses on the transportation and logistics sector in India. Sector funds can be volatile and are typically suitable for investors with a higher risk tolerance and a deep understanding of the sector.
SIP Investments:

Axis Flexi Cap Fund:
This fund offers flexibility to invest across market caps, providing diversification and potential for growth. It aligns well with a diversified equity portfolio.
Canara Robeco Emerging Equities Fund:
This fund focuses on emerging companies with high growth potential, emphasizing mid and small-cap segments. It can be suitable for investors seeking aggressive growth.
Aditya Birla SL Focused Equity Fund:
This fund follows a focused approach, investing in a limited number of high-conviction stocks. It can be suitable for investors seeking concentrated exposure to potential growth opportunities.
HDFC Mid-Cap Opportunities Fund:
This fund focuses on the mid-cap segment, aiming to capitalize on the growth potential of mid-sized companies. It can be suitable for investors with a higher risk tolerance and a focus on mid-cap growth.
ICICI Pru Bluechip Fund:
This fund predominantly invests in large-cap stocks, aiming to provide stability and consistent returns. It can be suitable for investors seeking stability with exposure to large-cap companies.
Axis Small Cap Fund:
This fund focuses on the small-cap segment, emphasizing high growth potential but also higher volatility. It can be suitable for aggressive investors with a long-term horizon.
ICICI Prudential Technology Fund:
This sector-specific fund focuses on the technology sector, aiming to capitalize on the growth of the IT industry. It can be suitable for investors bullish on the technology sector.
L&T Midcap Fund:
This fund focuses on the mid-cap segment, similar to HDFC Mid-Cap Opportunities Fund. Ensure you are comfortable with the allocation to mid-cap stocks given their higher volatility.
ICIPRU Multi-Asset Fund:
This fund offers diversified exposure across asset classes, including equities, debt, and commodities. It can be suitable for investors seeking balanced growth and diversification.
ICIPRU Value Discovery Fund:
Similar to the one-time investment in ICICI Value Discovery Fund, this fund follows a value-oriented approach. Ensure you are comfortable with the concentration in value stocks.
Recommendations:

Review Sector Funds:
Consider reviewing your allocation to sector-specific funds like ICICI Transportation & Logistics Fund and ICICI Prudential Technology Fund. Sector funds can be volatile and may require a deep understanding of the sector.
Diversification:
Ensure your portfolio is well-diversified across market caps, sectors, and investment styles to manage risk effectively.
Regular Reviews:
Periodically review your portfolio's performance and make necessary adjustments to ensure it remains aligned with your financial goals, risk tolerance, and market conditions.
Consultation:
Consider consulting with a Certified Financial Planner to personalize your investment strategy, ensure diversification, and navigate market dynamics effectively.
Conclusion:

Your Mutual Fund portfolio is diversified with exposure to various market segments, sectors, and investment styles. Ensure you are comfortable with the risk associated with sector-specific funds and consider regular reviews to align with your financial goals.

Embrace this journey with confidence, patience, and discipline. Regularly review your portfolio's performance and make necessary adjustments to ensure it remains aligned with your long-term financial goals.

Remember, investing is a marathon, not a sprint. Stay focused on your goals, maintain discipline, and may your investments flourish over time.