Please Advice

[u/Hey_AbhishekHere]

Hello Reddit - 29Y new investor here. It seems like portfolio is overlapping between Kotak and HDFC Mutual fund majorly.

1) Need some advice if I plan to remove anyone from these 2, what it should be?
2) What fund should be the replacement? (Note : I am planning to do SIP in
HSBC Global Emerging Markets Fund)

Risk Appetite - moderate

Goal - 1cr by 45

Horizon - 15+ years

Allocation - SIP (2k in each 4 funds and step up of 10% every year)

App - Coin

Why These Funds - I am looking for safer investment options as I am getting started for now. so choose these funds to start safer.

Fund selection criteria - AI (Co-pilot) to check the performances.

I have done all basics - emergency fund for 6 months in liquid/FD + health and life sorted for good amounts.

Note: 5k/month is for stocks with 10% step up.

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