I have a SIP last five years and some start recently in UTI Midcap Fund 1k, Kotak Emerging Fund 3k, SBI Bluechip 2k, Nippon India Small cap 2k, HDFC Midcap 2k, HDFC Defense 2k, Invesco India Infrastructure 1k, Franklin India Flexible 2k, Franklin India Small 2k. Any suggestions for change please?

Ans: Every investment should be made with a well-thought-out plan and synchronised objectives.

The purpose of investing in an ELSS fund is mainly to claim the deduction under Section 80C. If you are following a new tax regime, then these investments might not be useful. Also, ELSS funds have a lock-in period of 3 years. Further, if you are investing in ELSS funds not for tax benefits, then you may consider looking for other funds.

From an overall viewpoint, the funds you have selected belong to one of the old and good AMCs. However, we suggest you to reconsider your option to continue your SIP in the Axis Long-Term Equity Fund & Franklin India Tax Shield Fund due to the recent internal restructure within the AMCs & and underperformance since last 1.5 years.

HDFC Large & Mid Cap and Nippon India Small Cap funds are good investment options. However, we would suggest you to review your risk appetite and financial goals because, a small-cap fund carries a high level of risk, and one should have a long-term horizon of more than 7 years.

Ans: Your current portfolio shows a good mix across various segments. To enhance diversification, consider adding exposure to thematic or sectoral funds, focusing on emerging trends or sectors with growth potential. Reassess fund performance regularly and replace underperforming funds with better alternatives. Keep monitoring your risk exposure and ensure it aligns with your goals. Considering your long-term horizon, maintaining a balanced portfolio with a mix of growth and stability-oriented funds is crucial. Consulting with a financial advisor can provide personalized insights and help align your investments with your financial goals and risk tolerance.

Ans: if your vision is for 10yrs plus then dont change

Ans: It's impressive to see your dedication to SIP investing over the past five years, especially at your age. Your portfolio showcases a blend of funds across various sectors and market caps, reflecting a diversified approach to wealth creation.

However, let's examine your current allocations. Are you comfortable with the level of risk in your portfolio? Given your age and income, it's essential to ensure that your investments align with your risk tolerance and financial goals.

Consider consolidating your holdings to streamline your portfolio. Are there any overlapping funds or sectors? Simplifying your investments can make it easier to track and manage them effectively.

Furthermore, assess the performance of each fund regularly. Are there any underperformers or funds that no longer fit your investment thesis? Just as a gardener prunes branches to encourage growth, trimming your portfolio may enhance its overall health and performance.

Lastly, stay informed about market trends and economic developments. Are there any emerging sectors or themes that warrant attention? Adapting your portfolio to capitalize on opportunities can potentially boost returns over the long term.

In summary, while your current portfolio displays a commendable commitment to wealth creation, periodic review and adjustments are crucial for optimizing performance and aligning with your financial objectives. Keep nurturing your investments with care, and they're likely to flourish in the years ahead.