Mutual funds for an aggressive investor

I am 30 years old and I am investing Rs 11,000 per month in mutual funds. Following are my investments:

Franklin India Smaller Companies Fund - Direct (G): Rs 3,000
HDFC Balanced Fund - Direct: Rs 3,000 (now called HDFC Hybrid Equity Fund)
SBI Bluechip Fund - Direct: Rs 3,000
Reliance Liquid Fund (G): Rs 8,000 (on wife’s name)
Mirae Asset Emerging Bluechip Fund - Direct: Rs 3,000

I can invest around Rs 20,000 to Rs 30,000 per month for a long-term horizon. I have a good risk appetite and I don’t require an ELSS as of now. Please suggest some good funds and review my portfolio.

-- Pankaj Grover

Shweta Jain, founder and CEO, Investography responds:

It is okay to invest Rs 12,000 for a long term and Rs 8,000 for a short term. But if you have a target in mind, you need to start investing accordingly.

Your mutual fund portfolio has a good mix of largecap and smallcap schemes. But it is biased towards smallcap and midcap schemes. Since you can take risk, your mutual fund portfolio seems fine.