Help with restructuring my portfolio

Hi, I am a 23-year-old working male earning around ₹1.2 lakh per month post-tax. Recently, I discovered the various investments my family has made in my name over the last 3–4 years. Now that I have started earning independently, I want to take control and chart my own investment journey. While reviewing the portfolio, I identified two issues: 1. High Costs in Regular Plans: Most of the SIPs were in regular plans, and we were paying higher commissions to agents. 2. Overlapping Mutual Funds: There were around 14 different mutual fund SIPs, contributing a total of ₹15,000 per month, with overlapping structures and goals. To address these issues, I made the following changes: 1. Switched to Direct Plans: I converted all funds to direct plans while considering LTCG (long-term capital gains) implications. 2. Streamlined Investments: I allocated ₹70,000 SIP per month to a focused portfolio as follows: JM Flexi Cap: ₹25,000 (35.7%) Motilal Oswal Midcap: ₹17,500 (25%) Nippon Small Cap: ₹12,500 (17.9%) Gold BeES ETF: ₹11,000 (15.7%) Tata Silver ETF: ₹4,000 (5.7%) Now, I have an additional ₹3.96 lakh available for investment. I am unsure how best to allocate this amount. Should I: 1. Invest it as a lump sum in the same funds? 2. Explore new funds? 3. Park it in debt/liquid funds and set up an STP to the above funds/ new funds? 4. Consider alternative investment instruments? My primary goals are long-term wealth generation.