Hi, I am investing 25,500 as a SIP in following MF schemes since 2017.
1. Franklin India Focused Fund - 5000
2. HDFC Hybrid Eqt Dir-G - 4000
3. ICICI Pru Eqt & Debt Dir-G - 4000
4. Kotak Flexicap Dir-G - 2500
5. Mirae Asset Emrgng Bluechip Dir - 7500
6. Mirae Asset Large Cap Dir-G - 2500
Please advise if I need to make any adjustments. I want to increase investments by around 50,000, should I increase SIP on these schemes?
Ans: Hi too many funds will not serve purpose of diversification. My suggestion is remove Franklin hdfc hybrid kotak flexi cap and add parag parikh flexi cap and and uti nifty 59 index fund
Disclaimer - its suggested portfolio and I and my clients can have holdings in them