How can I turn my portfolio into a robust financial plan?

livemint.com:

I am 41 years old and work at a PSU bank, earning a gross monthly pay of ₹1.8 lakh. I reside in a company-leased accommodation and receive around ₹30,000 per month in perks. Medical expenses for my family are fully reimbursed. Our monthly expenses total approximately ₹25,000. My financial assets include: bank fixed deposit (FD) of ₹30 lakh, savings account balance of ₹2.5 lakh, balance in US checking account of $65,000, investment in shares and sovereign gold bond worth ₹10 lakh, investment in mutual funds worth ₹21.57 lakh, systematic investment plans (SIPs) of ₹5,000 in SBI Consumption Opportunity, ₹10,000 in SBI Small Cap, ₹2,000 in SBI Magnum Global Fund, ₹1,000 in focused equity), and have ₹16 lakh in public provident fund (PPF). I own one apartment (possession pending) valued at ₹50 lakh, and another (yielding monthly rental of ₹15,000) valued at ₹65 lakh. I have a home loan of ₹18 lakh and a ₹10 lakh car loan. I have insurance coverage of ₹1 crore with a term plan. How can I invest for a robust financial plan?

—Name withheld on request

Currently, your cash and investments total ₹2.2 crore. Out of this, ₹97 lakh is invested in real estate and ₹10 lakh is the car loan outstanding. This leaves you with ₹1.23 crore.

First, you must liquidate the US checking account balance and get it back to India. This amount, around ₹52 lakh when converted to INR, is a significant portion of your savings. These funds would yield very low returns if kept idle in the checking account.

You are currently investing ₹18,000 through SIPs every month. This can be scaled up to ₹40,000 or more. We would suggest initiating investment in schemes that can provide exposure to large caps and mid caps. For exposure to large caps, we would suggest