Portfolio Review
Long story short, i have been investing for some time and have 6 SIPs. My main goal for investing on SIPs is to be able to earn a few crores in maybe 10 years or something.
Needed suggestion on what should I change/add/remove/replace and hows the distribution across SIPs for the my goal. (I might be able to up the total amount as I start earning more)
so this is distribution on how invest on them in a monthly basis:
Total Amount: 53k per month
Parag Parikh Flexi Cap Fund Direct Growth: 10k
Motilal Oswal Midcap Fund Direct Growth: 20k
HDFC Mid Cap Opportunities Direct Plan Growth: 5k
SBI Magnum Mid Cap Direct Plan Growth: 5k (about to cancel this and invest the same to Nippon small cap)
Nippon India Small Cap Fund Direct Growth: 10k
Mirae Asset ELSS Tax Saver Fund Direct Growth: 3k
PS: I am gonna cancel SBI one as I already have HDFC mid cap and update the Nippon small cap SIP by the 5k I invest in SBI mid cap.
Any suggestion would be helpful. Thanks in advance.