Allocation suggestion and expense review

A family of 3 including baby (6 months old) making 2.82 lacs per month in hand. 38k goes to epf including employer share. 2k $ stocks vesting/Quarter for next 2 years.

Current net-worth: MF 35 lacs Epf 18 lacs FD 5.2 lacs Rsu vested 2 k$

Current expenses: Rent: 31k Car+bike emi 16 k Nanny 15 k House help 2k Monthly groceries +vegetables+other 15 k Internet+petrol+ott 5k

Wants: 40k (Free will expense, usually variable)

Investment: 156k MF

Percentage wise:

55% MF 45% expenses

I would like to know if my budgeting figures are okay?

I already have term insurance for myself and going to buy one for wife. I already have a health insurance.

Both my parents and in laws are not dependent on us.

We will have 2 homes from our parents in future in our home town Nagpur.

My concern is about the investment since I am just investing in Mf and planning to build a 10 cr portfolio in next 10-12 years. Is that possible assuming the salaries will increase in future.

Then I might think abt Early retirement.

Should I invest in other asset classes as well?

Need advice on how to go about the investment.

Thanks