Building a corpus of ₹1 crore in 10 years through mutual funds necessitates a strategic approach to asset allocation and disciplined investing. For investors like Krishnamohan, who currently has a portfolio of ₹5.85 lakh, financial expert Shweta Rajani recommends maintaining a 75-80% allocation to equity and 20-25% to debt. This balance allows for growth while providing stability through instruments like Public Provident Fund (PPF) and Sukanya Samriddhi. Rajani suggests a step-up Systematic Investment Plan (SIP), increasing contributions by 5-10% annually, to enhance the likelihood of reaching the target. Additionally, diversification across multiple fund houses is crucial; Krishnamohan's portfolio currently has a significant concentration in SBI Mutual Fund, which could pose risks. By reallocating investments from concentrated schemes to a broader range of funds, investors can achieve a more balanced and resilient portfolio. Overall, consistent SIP investing, strategic adjustments, and a diversified approach are key to turning the ₹1 crore goal into a reality.