Suggest four more SIPs of Rs 5,000 each

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My monthly income is Rs 1.5 lakh after taxes. I want to invest Rs 50,000 per month. Presently, investing Rs 1.5 lakh and Rs 50,000 per year in PPF and NPS respectively. Recently, I have invested through SIP of Rs 5,000 each in Reliance Small Cap Fund and Motilal Oswal MOSt Focused Multicap 35 Fund. I have goals of daughter's higher education after 15 years and marriage after 20 years. Other goals include various expenses between 5-15 years from now. Kindly evaluate my current investment and suggest four more SIPs of Rs 5,000 each with high risk appetite.
--Anil Dadhich


You are investing in good funds. You may continue with your investments. Do not add more than four schemes to your mutual fund portfolio. A regular investor does not need more than four schemes. Here are recommended equity mutual fund SIP portfolio: Best mutual funds to invest in 2017. Choose a portfolio based on your risk profile and SIP amount.

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