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Please guide me on this

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How hands-on are you in scrum meetings?
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That heavily depends on how many engineers you have working on things, how long it takes to deliver features / enhancements, etc…
Generally speaking, you should review it monthly and align with stakeholders no less than quarterly. You’ll likely have negotiations around priorities almost every day. But if you’re adjusting it more than once a month, something in the process is broken.
Best Practice - Quarterly. Realistically? Can be as often as when the wind blows.
Agreed with @JPMorgan Chase 1
Coach
Review it for reference - weekly.
Review for refining- monthly is more than enough to align with the current business goals.