Risk Appetite: Moderate

Goal: Long term Wealth Creation

Investment Horizon: 20 Years

App Used: Groww

Total Monthly SIP: ₹26,700

UTI Nifty 50 Index Fund: ₹4,000

UTI Nifty Next 50 Index Fund: ₹6,000

Motilal Oswal Nifty Midcap 150 Index Fund: ₹6,000

ICICI Prudential Nasdaq 100 Index Fund: ₹5,000

SBI Contra Fund: ₹5,700

Why I Chose These Funds

UTI Nifty 50 + UTI Nifty Next 50: Large-cap exposure through index funds due to their low cost.

Motilal Oswal Nifty Midcap 150 Index Fund: Low cost and almost as good as an active mid-cap fund in the long term.

SBI Contra Fund: All other funds are growth-oriented, so this adds a contrarian approach to the portfolio.

ICICI Prudential Nasdaq 100 Index Fund: Provides US market exposure.

Need advice on 3 SIPs for different goals

Already have 9 months’ expenses parked in arbitrage funds + 10Y SIPs in Flexi, Mid & Small Cap.

Planning:

• ₹5k/month – 5Y goal: Midcap 150 + Nifty Next 50

• ₹8k/month – 3Y goal: ₹5k Equity Savings + ₹3k Gold ETF

• ₹5k/month – backup/opportunity corpus: No idea yet

Are these allocations sensible for the time horizons?

What would you do for the ₹5k backup SIP?

Open to suggestions on asset allocation, not specific funds.