u/Appropriate_Clerk559

This second and third one is created by default when i made SIPs first one is created by me can i delete it ?what is it exactly

Hi everyone,

I’m planning to invest ₹10,000 per month through SIPs for long-term wealth creation and would appreciate feedback on my allocation.

Risk tolerance: Moderate to high
Investment horizon: 10 years

Portfolio allocation:

- Parag Parikh Flexi Cap Fund – 40%
- Motilal Oswal Nifty Midcap 150 Index Fund – 25%
- Bandhan Small Cap Fund – 20%
- ICICI Prudential Gold ETF FoF – 15%

Reasoning:
- Flexi cap as core holding for diversification
- Midcap index for long-term growth
- Small cap for higher return potential
- Gold for diversification and downside protection

Please share your thoughts on whether this allocation looks balanced for my risk profile and time horizon.