I am 58 years old & will retire in 2024 from a reputed PSU.
I have the following investments in mutual funds. No other investment as I think the retirement proceeds are also like debt funds with no risk. I will get handsome pension also which will be sufficient to meet my expenses and have sufficient mediclaim policy also by my employer which will be available till death to both of us.
1- Axis Growth Opportunities Fund.. 500000.
2- Axis long term equity fund.. 500000.
3- HDFC Index Fund Sensex Plan..1000000.
4- HDFC Index Fund NIFTY Plan.. 500000
5- ICICI Prudential Balanced Advantage Fund.. 1000000.
6- Kotak Flexicap Fund.. 1000000.
7- Mirae Asset Tax Saver Fund.. 500000
8- Mirae Asset Focused Fund.. 1000000.
9- Parag Parikh Flexi Cap Fund.. 500000.
Total value as on date is around 85,00,000.
Please suggest me whether I should continue with this or do some rebalancing.