I have SIP of 20k every month. I have 8 funds in my folio. Is there any way i can simplify my folio by removing few funds and use less no. Of funds? Or is it ok to have 8 funds
1 Birla sunlife equity 3k
2 sbi mag midcap 2k
3 sbi mag multicap 3k
4. Sbi bluechip 2k
5. SBl Magnum equity 2k
6 icici pru value discovery fund 3k
7 icici pru top 100 fund 2k
8 Franklin India smaller co. 3k