Can I continue investing in these mutual fund schemes?

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I am 30 years old and I have a long-term investment horizon. I am a moderate risk-taker. I have started investing in the following schemes:
1. Kotak Select Focus Fund - Direct (G): Rs 4,000
2. HDFC Balanced Fund - Direct (G): Rs 2,000
3. Motilal Oswal Multicap 35 Fund - Direct (G): Rs 5,000
4. Mirae Asset Emerging Bluechip Fund - Direct (G): Rs 3,000
5. L&T Emerging Businesses Fund - Direct (G): Rs 2,000
6. Reliance Small Cap Fund - Direct (G): Rs 2,000
Is my portfolio right or should I change?
-- Vivek Singh


You are investing in a largecap scheme, balanced scheme, multicap scheme, midcap scheme, and two smallcap schemes. An investor with a moderate risk appetite should invest mostly in multicap schemes. The investor may also invest in largecap schemes if s/he wants to diversify the portfolio to reduce risk. However, smallcap and midcap schemes are not meant for a moderate risk-taker. Only investors with a very high risk appetite should go for them as they can be extremely volatile and risky.
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