Savings rate and investment allocation rate

Hi folks,

We, as a family of two, roughly save 50-60% of our salaries every month. Amongst the savings, 95% goes to equity mutual funds (index). We don’t have any other hard asset and stay on rent in a tier 1 Indian city hardly without any EMI and planning to expand the family soon.

I was wondering,

1. how are we doing in terms of personal finance, and,
2. what are the typical savings rate and equity (or other asset) investment allocation rate for others?