-–Ayan Chatterjee
You are investing in a flexi cap scheme, large cap scheme, and mid cap scheme. Large cap schemes are recommended to conservative investors, whereas flexi cap schemes are recommended to moderate investors. Mid cap schemes are meant for aggressive investors. You have not shared your risk profile or financial details with us. Therefore, we can’t tell you whether these schemes are suitable for you or whether your portfolio is diversified. Take an online quiz to find out your risk profile. Ensure your investments match your risk profile.
We typically ask investors to choose their mutual funds based on their goals, investment horizons, and risk profile. For example, if you are looking to invest for a short period of time, you should consider investing in debt mutual funds. If you are investing for a long-term goal, you may invest in equity mutual fund schemes. However, it is very important to choose a scheme that matches your risk appetite. For example, if you have a conservative risk profile, you may invest in large cap funds. If you have a moderate risk appetite, you may invest in flexi cap funds. If you have a very high risk appetite, you may invest in mid cap, small cap, sector/thematic schemes.
You said you are investing mostly (60%) in flexi cap funds, followed by large cap funds (30%) and mid cap funds (10%). If you have added the large cap scheme to offer more stability to your portfolio, you may continue with the scheme. A small exposure to mid cap schemes can offer you extra returns.
It is not clear why you want to add an index scheme. Do you believe in passive strategy? Do you think active funds are unlikely to beat benchmarks over a long period of time? If so, you can invest in passively-managed index funds.
