I invest 1.25 lakh per month in SIP. These include both Debt and Equity investments. Below is the SIP spread across different days in a month.
I want your advice to help me reduce the number of funds and which once to increase and which to exit.
My monthly SIPs:
1. Aditya Birla Sun Life Frontline Equity Direct Fund-Growth - 5k
2. SBI Magnum Medium Duration Fund Direct -Growth - 22k
3. HDFC Corporate Bond Fund Direct Plan - Growth - 23k
4. Axis Long Term Equity Direct Plan-Growth - 5k
5. Aditya Birla Sun Life Tax Relief 96 Direct-Growth - 5k
6. Mirae Asset India Equity Fund Direct- Growth - 7k
7. Mirae Asset NYSE FANG+ ETF FoF Direct - Growth - 5k
8. Motilal Oswal Nasdaq 100 FOF Direct - Growth - 11k
9. Kotak Standard Multicap Fund Direct-Growth - 7k
10. Mirae Asset Emerging Bluechip Fund Direct-Growth - 2.5k
11.HDFC Index Sensex Direct Plan-Growth - 13k
12.Mirae Asset Hybrid Equity Fund Direct-Growth - 7k
13. Axis Bluechip Fund Direct Plan-Growth - 8k
14. Franklin India Prima Direct Fund-Growth - 5k