Are these mutual funds right for my portfolio?

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I am 36 years old. I have already invested Rs 25,000 per month in mutual funds via SIPs:
Axis Focused 25 Fund - Direct Plan -Rs 5,000
HDFC Small Cap Fund - Direct Plan - Rs 5,000
Motilal Oswal Multicap 35 Fund - Direct Plan-- Rs 5,000
HDFC Hybrid Equity Fund - Direct Plan-- Rs 5,000
Mirae Asset Emerging Bluechip Fund - Direct Plan --Rs 5,000
Are these funds right for my portfolio? Please let me know if I need to make any changes. Please suggest. I am taking aggressive to moderate risk.
-Anurudh Dubey


You are currently investing in two multi cap schemes with concentrated portfolios (Axis scheme has 19 stocks and Motilal Multicap scheme has 20 stocks in its portfolio), a small cap scheme, aggressive hybrid scheme, and large & mid cap scheme. Most of these schemes - multi cap schemes, small cap scheme, and large & mid cap scheme - are in line with your risk profile of moderate to aggressive.

However, the aggressive hybrid scheme, HDFC Hybrid Equity Fund, is meant for conservative equity mutual fund investors with a low risk appetite. Aggressive hybrid schemes invest 65-80 per cent of the corpus in equity and 20-35 per cent of the corpus in debt. The mixed portfolio makes them relatively stabler than pure equity schemes, as the debt part of the portfolio offers a cushion during volatile times in the market. This is the reason why these schemes are recommended to conservative equity mutual fund investors.


If you have chosen the scheme consciously to diversify and reduce the overall risk in your portfolio, you may continue with it. Otherwise, you should take a re-look at it.
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