Will these investments help me to achieve my goal?

I am 28 years old, working in a private firm. I have a high risk-appetite. I am investing to build a retirement corpus of Rs 3-5 crore. I have following SIPs (all are in growth plan). Please tell me if these investments will help me achieve my goal.

Rs 5,000 pm in SBI Bluechip Fund- Direct
Rs 2,500 pm in ICICI prudential Value Discovery Fund
Rs 3,000 pm in Principal Emerging Bluechip Fund
Rs 3,000pm in Mirae Asset Emerging Bluechip Fund.
Rs 2,500pm in Axis Long Term Equity Fund

Other than above mentioned SIPs, I have also made some lumpsum investments. Should I continue with them or should I stop these lumpsum investment and change it to SIP?

Lumpsum investment of Rs 50,000 each in UTI MNC Fund, ICICI Prudential Export & Other Services and DSPBR Microcap Fund.

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Neeraj Chauhan, CEO, TheFinancial Mall, responds:

You can expect accumulation of about 4 crores in next 27 years (age 55) or about 8 crores in 32 years (age 60)with assumed growth rate of 12 per cent per annum. Portfolio is okay if you understand the risk of microcap and sectoral funds. However, I would aks you to choose good largecap and multicap schemes instead of sectoral funds from a long-term perspective. You can also look to replace Axis Long Term Equity Fund as it is not doing well.(

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