Is my mutual fund investment portfolio mix good

You have selected good funds for your SIPs and allocation of around 48% to midcap funds is also fine considering your age and investment horizon. Portfolio mix is good considering that you are also investing in ELSS to save taxes.

You have rightly decreased exposure to AXIS Long Term Equity Fund. The reduced amount can be allocated to DSP BlackRock Tax Saver Fund and Birla Sun Life Tax Relief 96 Funds. Always refer our this tool for fund selection and analysis https://www.advisorkhoj.com/mutual-funds...

Wth regards to your new SIPs, we would suggest you to go with large cap & diversified equity funds as you already have 48% exposure in midcaps. Among large cap, SBI Bluechip and Birla Sun Life Frontline or DSP BlackRock Focus 25 can be considered. Among diversified, Birla Sun Life Equity Fund, Kotak Select Focus and Mirae Asset India opportunities can be good choices

As you are investing in various category of equity funds, you can expect average around 12.5% annual returns over 10-15 years, accordingly, with SIPs of Rs 50,000 per month, you can expect to have a corpus of Rs 2.64 Crores after 15 years!

Hope the above is helpful! Thanks for writing to Advisorkhoj!!