Is my financial portfolio up to the mark

You have selected good funds for your monthly SIPs and the current portfolio is quite aggressive.

For your NPS investment you can claim additional tax rebate of Rs 50,000 per annum under Section 80CCD. Therefore, this is a good investment for saving taxes as well as creating a corpus for your retirement. NPS fund management cost is also very less.

By investing in fixed deposits, you have probably tried rebalancing your investments between debt and equities. However, please note that fixed deposits will hardly give you more than 2-3% inflation adjusted returns. In lieu of fixed deposits, debt funds could be good choice.

Since you are single and your salary is also good, we think, you should invest around 25-30% of your monthly salary in various investments. You are already investing Rs. 6,000 in SIPs and Rs 4,000 in NPS - total Rs 10,000 per month. You should think of increasing your monthly SIPs in mutual funds by Rs 5,000 - 8,000 per month.

Needless to mention, investing in mutual fund through SIPs is the only way of reaching your long term goal of wealth generation.

Hope the above helps you. Thanks :)