Need suggestions for my SIP allocation.

I am currently doing SIPs as below :

  1. Parag Parikh Flexicap - 15,500
  2. Axis Nifty 50 Index Fund - 15,500
  3. Axis Nifty Next 50 Index - 15,000
  4. HDFC Nifty 50 Equal Weight - 10,500
  5. Motilal Oswal Midcap - 5,500
  6. Axis Midcap - 5,000
  7. Quant Small Cap - 5,500
  8. SBI Small Cap - 5,000

Total SIP Amount - 77,500

I understand they are a bit too many funds but I only started investing in two mid and small caps as my previous funds (Axis Midcap & SBI Smallcap) were not performing well therefore I initiated SIPs in Motilal Oswal Midcap and Quant Smallcap.

Should I sell my older mid and small caps or continue as it is ? Any other suggestion are welcome. Thank You.

Posted Apr 6, 2025, 12:44 PM UTC

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