We always ask our readers to go for goal-based investing. Also, they should choose their investments carefully including mutual funds based on their investment Investment Objectives (goals) and risk profile. For example, if you are investing for retirement, and you are a moderate investor, you should invest mostly in flexi cap schemes. If you want to reduce risk, you can invest a small part of your portfolio in large cap mutual funds.

Now, coming to your first question, should you rebalance your investments, we cannot answer that question as you have not mentioned when you started investing or why you chose these investments. Unless you are investing a very large amount, you need not invest in six or even schemes. You need to rebalance your portfolio once a year, if you find that it has moved away from your original allocation.

Many investment investment experts believe that activity-managed large cap schemes are unlikely to beat their benchmarks. Return. This is the reason why many investors are choosing index schemes. If you subscribe to this approach, you can invest in index-based schemes. But before that you should take a look at your portfolio once again. If you are not clear about the basics or need help choosing a scheme, take the help of a mutual fund advisor.