Started SIP in below mutual funds. Any Suggestions please

Axis ELSS Tax Saver Fund - 500

Parag Parikh Flexi Cap Fund - 1k

Quant Active Fund - 1k

Aditya Birla Sunlife Equity Funds - 5k

Nippon India Pharma - 1k

Edelweiss Balanced Advantage Fund - 1k

ICICI prudential Balanced Advantage Fund - 10k

Aditya Birla Sun Life ELSS Tax Saver Fund - 1k

Kotak Gold Fund - 3k

HDFC Balanced Advantage Fund - 5k

Tata India Pharma & HealthCare Fund - 1k

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Bhai life aur investment simple hona chaiye

Get a (nifty/nifty100) index fund
A good flexi cap funds
A mid cap or small cap based on your risk capacity.

Maybe 1 elss fund if you are looking to invest for tax purposes.

You will be paying high expense ratio for mediocre returns with such overlapped portfolio.

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Too many and too many similar ones. You don't need so many balanced advantage for example. You can keep the gold one for diversification but instead of gold fund which in turn will invest in gold ETF, buy ETF directly and save on the commission. Prune the rest of the list down to 3-4 funds tops.
Also, thematic funds aren't a great idea, especially not at the beginning. Go for it only if you've done your research about the sector

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I wouldn't want to do that. And you shouldn't go by what random strangers on internet say. Read up, do research and go for it.

Too much portfolio overlapping,sectoral bias and underperforming funds connect to do better

Ideally one should have these many stocks in PF not mutual funds, 3-4 should be enough.

That's my opinion

Consolidate it

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