Vernon’s portfolio – a mix of coffee can and opportunistic investing

I have a separate mutual fund portfolio with the following funds

1. Axis Bluechip Fund
2. Kotak emerging Equity
3. DSP Midcap fund
4. HSBC Tax Advantage (erstwhile L&T)

These are investments done through SIP mode. Have stopped investments in fund 4 since last 2 years. The issue I have with mutual funds is that there is no limitation to the number of stocks they can include. For incremental AUM that the fund manager gets, they have to look at incremental avenues for that investment and may not necessarily be able/willing to reinvest in the companies already in the fund

With direct equity, i have the flexibility to decide the exact allocation to each stock and rebalance the portfolio on a monthly basis.

Equity Mutual funds to direct equity ratio is 35:65.