Mutual fund investing: Should I change my mutual fund investments?

I am 33 years old. I have been investing in mutual funds for the past three years. In addition, I started investing regularly in stocks. My SIP contact details are:
Tata Moderate Retirement Savings Fund: Rs 500
Parag Parikh Flexi Cap Fund: Rs 2,000
Axis Bluechip Fund: Rs 1,000
Axis Small cap fund: Rs 1,000
I plan to increase the SIPs each year. My goal is wealth creation. Should I make changes?
–Siddhesh Joshi

We generally ask our readers to invest in mutual funds that match their goals and risk profile. Since you must share your risk profile with us, we will not be able to comment on your investments. Take an online quiz to fund your risk profile. This will help ensure that you are investing in plans that match your risk profile. For example, if you have a conservative risk profile, you should invest in a large cap program. if you have a moderate risk profile, you should invest in a flexi cap scheme.

Since you are investing a small amount of money, invest in a plan that matches your risk profile. It is difficult to have a diversified portfolio when investing a modest amount. We believe you should invest in a consistent flexi cap system that can invest across all market capitalizations and sectors.

You should only invest directly in stocks if you can select stocks and monitor them regularly. The market is entering a volatile phase. So be very careful with your investments. Otherwise, you will lose money.

Dolores W. Simon