Should I make any change to my mutual fund portfolio?

I am investing in the following schemes:
HDFC Mid-Cap Opportunities Fund D (G): Weekly STP @ Rs 1,500 and 56 installments paid.
Nippon India Small Cap Fund D (G): Monthly SIP @ Rs 3,000 and 29 installments paid.
Kotak Standard Multicap Fund D (G): Monthly SIP @ Rs 1,500 and 28 installments paid.
UTI Nifty Index Fund D (G): Monthly SIP @ Rs 2,500 and 16 installments paid.

Please analyse my portfolio. I have a medium to high risk appetite and can remain invested for the next seven to 10 years. Do I need to make any alteration in my fund choice. Approximately how much corpus will I be able to accumulate by remaining with the funds in my folio? May I also seek your suggestion on investment in
Parag Parikh Long Term Equity Fund D (G).
--Anil

If you have a moderate to aggressive risk profile, you should invest in a mix of multi cap schemes and mid/small cap scheme. The proportion of mid/small cap scheme in your portfolio would be based on the extra risk you want to take. Try to define your risk profile more sharply.

You are currently investing in a mid cap scheme, small cap scheme, multi cap scheme, and large cap index scheme. You are investing in a little more than 50% of your total portfolio in mid cap and small cap schemes. Ensure that you are okay with the extra risk in your portfolio.


As said earlier, try to define your risk profile sharply and ensure that your portfolio is in line with your risk profile.