
Hi everyone 👋
Requesting a review of my mutual fund portfolio and suggestions for improvement.

About me

Age: 28 Years 


Investment horizon: Long term (10–15+ years)

Risk appetite: Moderate–High

Goal: Wealth creation, targeting ₹20L+ in next 1–1.5 years

Investing via SIP + occasional lumpsums

Term insurance already planned separately

Current Portfolio Snapshot

Current Value: ₹9.27L

Invested: ₹9.14L

Overall Returns: ~1.4%

XIRR: ~39% (recent inflows)

Fund-wise Allocation

Gold & Silver

Nippon India Silver ETF FoF – ₹49.5k (+22%)

ICICI Silver ETF FoF – ₹45k (+12%)

SBI Gold Direct – ₹33.9k (+6%)

Core Equity

Parag Parikh Flexi Cap – ₹2.6L (slightly negative)

ICICI Multi Asset – ₹1.5L (flat)

Nippon India Large Cap – ₹80k

ICICI Large Cap – ₹23k

Kotak Multicap – ₹79k

Mid & Small Cap

HDFC Mid Cap – ₹89k

Motilal Oswal Midcap – ₹9.5k

Nippon Small Cap – ₹25k

Bandhan Small Cap – ₹25k

Sector / International

ICICI Technology – ₹12.5k

ICICI Transportation & Logistics – ₹40k

Edelweiss US Technology FoF – ₹5k

My Thoughts / Concerns

Portfolio feels over-diversified

Heavy exposure to Silver ETFs

Flexi cap is largest allocation but currently negative

Mid & small caps are volatile but long-term bullish

Planning to shift part of gold/silver to equity if prices fall

Questions

Is my asset allocation reasonable or should I rebalance?

Too much exposure to Silver – should I reduce?

Should I merge overlapping funds (large/multicap)?

Any fund you’d suggest exiting or consolidating?

Is adding more US exposure worth it at current valuations?

Appreciate honest feedback 🙏
Thanks in advance!

Portfolio Review Request - 9.3 L MF Portfolio Heavy Silver