Is my current mutual fund portfolio good

You have selected good funds for your lump sum and SIP investments. The portfolio looks okay but we think, with a small modifications, you can make it better.

1. ICICI Prudential Banking & financial Services Fund is a sectoral fund and ideally suited for investors with high risk appetite. While you may continue with this fund, if your risk profile allows, you must keep a good watch on this fund and once your investment objective is met, book profit in this fund and move to diversified equity funds. ICICI Prudential Value Discovery Fund is one good fund in that category.

2. Your SIPs should be in monthly mode instead of quarterly.

3. If you have invested in DSP BlackRock Liquid Fund for emergency purpose or as an alternative to savings bank. then it is a good move!

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