The Nifty 50 closed June 30, 2026 at 23,946 – effectively flat for the calendar year. Foreign institutional investors sold a net Rs 3.4 lakh crore in the first six months, domestic institutions absorbed Rs 4.5 lakh crore and kept markets from falling sharply, and SIP inflows hit a record Rs 27,269 crore in June alone (AMFI, June 2026). By all accounts, 9.7 crore SIP contributors stayed disciplined and kept investing through the noise.<\/p>\n
But discipline in continuing is only half the story. The other half is checking whether the portfolio you are building is still structured correctly for where you are today – your income, your goals, your risk capacity. That review needs four honest questions, and that is exactly what this checklist covers.<\/p>\n
If you received an appraisal between January and April 2026, this question matters immediately. A Rs 10,000 monthly SIP made sense when you were earning Rs 8 lakh per year. If your income is now Rs 14 lakh, that same SIP represents a meaningfully smaller share of your earnings, even though your financial goals – home purchase, child’s education, retirement – have not shrunk proportionately.<\/p>\n
A practical benchmark for salaried investors in the Rs 8-25 lakh income bracket is to keep SIP contributions at 20-25% of net take-home pay, assuming a 15+ year horizon. If your salary grew 10-12% this year but your SIP stayed the same, you have quietly fallen behind your own plan. The cleanest fix is a step-up SIP, which automatically increases your monthly amount by a fixed percentage each year. Use the step-up SIP calculator<\/a> to see how stepping up by even Rs 1,000-2,000 per month compounds into a meaningfully larger corpus over 15 years, with no market timing required. If you want to work backwards from a corpus target to a monthly figure, the SIP calculator<\/a> makes that straightforward.<\/p>\n Allocation drift is silent but consequential. Nifty IT is down 19.9% year-on-year while Nifty Metal is up 22.8% in the same period. If you held both through mutual funds or direct stocks, your portfolio weight in metals has grown and your IT weight has shrunk – without you making a single active decision. The portfolio you hold today is meaningfully different from the one you constructed twelve months ago.<\/p>\n The broader equity-versus-debt question deserves careful attention, because current valuations leave limited room for error. At the end of H1 2026, large cap equities trade at a PE of 32.4x, mid cap at 39.5x, and small cap at 40.1x. That said, this does not mean you should exit equities – it means overexposure beyond your target allocation carries more downside risk than it did two or three years ago when these numbers were materially lower.<\/p>\nHas Your Asset Allocation Drifted from Your Target?<\/h2>\n