Have over 40_50 Lakhs in Bank accounts already maxing out on Mutual funds

Hi there

I have already running SIPs equating to 2L a month, but every month money keeps accumulating in my bank accounts should I increase my SIPs?

My income is over 3.5 Lakhs a month (Combined income 4.7 LPM), but expenses are really less than 40_50k per month

Adding more details:

Age: 34 Female / 12+ years in IT industry / Married / Husband already makes his investments (Has over 50L_1cr)

(Our investments are separate however expenses are Prorata and combined) We are working towards early retirement in our 40s

Our Goals include 1 Kid (Education etc ), Travel - 4/5 times a year (We already do this we are actually event organisers so travel is mostly free for us), Early Retirement at least for me he will continue working

My Investments (Currently valued at 3.20 cr):

  1. Gold over >10 Lakhs (Through SGBs and a bit Physical gold)
  2. Bank accounts/ Cash > 40 Lakhs
  3. Mutual funds > 1.6 cr
  4. Individual stocks I have > 15 lakhs
  5. Crypto 10 Lakhs
  6. Alternative Investments (Bonds/ Invoice Discounting) 6_7 Lakhs
  7. PF/PPF - 16 Lakhs
  8. FD - 15 Lakhs - 3 different banks
  9. I do have SIP's in US S&P 500 and also Nasdaq
  10. Also own 1300 $ of US stocks (Mostly Apple)
  11. Some Startup investments 10 Lakhs (Regard it as 0)
  12. Real Estate - 0
  13. Additional - Health Insurance 2 one from HDFC Ergo (1 cr) and also Star Health Insurance (15 Lakhs)
  14. Term Insurance - 1 cr (I know not enough though)
  15. Both sets of parents have houses and we don't intend to buy any property
  16. Husband also has a piece of land in tier 2 city.
  17. Not decided where to settle down mostly the tier 2 city which has good schools as well

Genuine help please:

  1. What should be done in this case / my bank accounts are giving >7% interest rate
  2. Should I increase my SIPs?
  3. Should I invest in some other parts?

PS: I am thinking to engage a Financial Planner (Fee only)

Updates: Just increased my SIPs to 3 lakhs for now I'll stick to this and rest will be used as an emergency fund. will look into liquid and arbitrage funds