Is my fund mix good for my profile

You have selected 6 funds to invest Rs 5,000. The total number of funds is bit high. You should have invested only in 2-3 funds and not more than that!

Anyways, excepting L&T infrastructure Fund, rest of the selection is good. L&T infrastructure Fund, is a thematic fund (Infrastructure) and may not be suitable for long term as you are not sure how the theme will play out in the long run. Moreover, thematic funds are most risky and thus ideal only for investors with very high taking ability. We think, you should stop the SIP in L&T Infrastructure fund and invest more either in ICICI Prudential Top 100 Fund, Birla Sun Life Equity Fund or Kotak Select Focus Fund.

With regards to, if the fund mix is right according to your profile, we are unable to comment on that as you have not mentioned your risk profile. We believe one should select funds based on ones risk profile and investment horizon. In your case even though you have given the investment horizon, you have not given your risk profile. Having said that, the funds selected by you are suitable for high risk profile investors.

Hope the above helps! Thanks for writing to Advisorkhoj!!