Hi I m 41 yr old male ,unmarried. My portfolio stands like this

DEBT

HDFC MUTUAL FUND MIP LONG TERM PLAN -GROWTH- Just started a monthly SIP OF RS 3K

PPF- 2K Monthly SIP since 2 yrs

New Pension System (NPS) – Rs 3K Monthly since 3 yrs

GOLD

Reliance gold saving fund- Rs 2K monthly Since 2 yrs

EQUITY

Franklin India Blue Chip – Rs 4k Monthly SIP Since 1yr

HDFC TOP 200- Rs 5k Monthly SIP since 3 yrs (SIP has ended and I want to shift all the units aquired in 3 yrs to HDFC EQUITY and start monthly SIP of Rs 4k from Hdfc Equity)

IDFC Premiur Equity – Rs 2.5k monthly SIP since 3 yrs.

MEDICAL INSURANCE

Rs 3 lakh medical insurance from Appolo Munich Easy Health Plan-(premium Rs 4900 per year)

How is my portfolio?

 My SIP for Hdfc top 200 has ended. I m thinking of transferring all the units of TOP 200 to HDFC EQUITY and start a new monthly SIP from this HDFC EQUITY FUND. The reason is that as HDFC TOP 200 is large and mid cap fund and I already have large cap fund in Franklin India blue chip,so they are similar if not same. and Hdfc equity is a multicap fund. hence it will diversify my portfolio..how is my decision  …should I go ahead in HDFC equity or remain invested in HDFC TOP 200..

.regards

take care…