u/mavericksage11

I've about 1.5 lacks that I want to invest as a lumpsum. I know I'll have to split it and invest but I'm really confused about choosing the mutual fund.

These are the mutual funds I currently have in my portfolio -

1- Parag Parikh Flexi Cap - 7k SIP

2- UTI Nifty 50 - 3k SIP

3- ICICI bluechip fund - I have stopped it after starting UTI Nifty 50 but a little bit of the amount is still there

4- Axis Small Cap - I don't do SIP, replenish every now and then (please tell me if this is a good approach? I'm planning to put around 10% of this current 1.5L on this fund)

Along with this I've a couple of FDs for emergencies.

Now, I originally thought to invest the majority of that 1.5L on PPFCF, however, I'm seeing a LOT of posts that make me doubt myself.

This is how I want to invest in my 1.5L lumpsum.

60% - More risk more reward than Nifty 50

30% - Nifty 50

10% - Small Cap

For the 60% should I just stick with PPFCF or is it just like Nifty 50 now? Can someone suggest a better option?

This is my information - Risk appetite - Moderate

Goal - Retirement and Wealth creation

Horizon - 10 plus years minimum

Allocation details - already mentioned above

Reason for my MFs- Nifty 50 because that's where I was told to start my investment journey, PPFCF because I thought it would give me a good exposure to mid and small caps, and with good returns. Also I was told the FM's investment strategy is good. Small cap to enter small cap category.

App - Kuvera

I've about 1.5 lacks that I want to invest as a lumpsum. I know I'll have to split it and invest but I'm really confused about choosing the mutual fund.

These are the mutual funds I currently have in my portfolio -

1- Parag Parikh Flexi Cap - 7k SIP

2- UTI Nifty 50 - 3k SIP

3- ICICI bluechip fund - I have stopped it after starting UTI Nifty 50 but a little bit of the amount is still there

4- Axis Small Cap - I don't do SIP, replenish every now and then (please tell me if this is a good approach? I'm planning to put around 10% of this current 1.5L on this fund)

Along with this I've a couple of FDs for emergencies.

Now, I originally thought to invest the majority of that 1.5L on PPFCF, however, I'm seeing a LOT of posts that make me doubt myself. Then I thought of nifty 50, which of course I will but I need another fund to invest that is more risky and more rewards than just nifty 50.

60% - More risk more reward than Nifty 50

40% - Nifty 50

10% - Small Cap

My risk tolerance - I'm not sure where exactly I fall, but I'm 29 years old male, and I'm willing to take risks. My investment horizon is minimum 10 years plus.

Should I just stick with PPFCF or is it just like Nifty 50 now? Can someone suggest a better option?