Guys please comment on my portfolio.
Is there anything I should be doing?
Are each funds for different goals/timeframes or you just went with a random assortment of funds?
1. You need a Index fund, Just to track Index at a much lower expense ratio.
2. Two Midcaps are OK, But they have like 30% portfolio Overlap, I would have only 1 after analyzing the stocks in portfolio + May go with 1 Small cap for risk to reward. [Long term 5-7 years]
3. Tata Digital and ICICI technology fund have a 60% overlap on stocks and 70%+ on value, I would keep one of them not both.
4. I would have had a hybrid fund instead of debt. Your Debt needs may be different than mine, so analyze and decide.
5. Won't comment on Tax Fund.
6. Sectorial funds like pharma and technology have a cycle. So it's on your preference you want them or not. They perform much better in upcycle and can crash in downtrends. Goals and exits needed to be defined to avoid losses.
Cheers, Happy Investing.