Am I investing in the right mutual fund schemes for my kids’ marriage?

I am 33 years old. I have two kids, twins. I want to plan for their education and marriage, along with my retirement corpus. My goals;
Kids’ marriage: Rs 70 lakh (Rs 35 lakh each)
Kids’ marriage: Rs 30 lakh (Rs 15 lakh each)
My retirement corpus: Rs 50 lakh
Total: Rs 1.50 crore.
My investment horizon is 15 years and I am an aggressive investor. My current SIP portfolio includes:
HDFC Hybrid Equity Fund - Regular Plan – Growth: Rs 2,000
L&T India Value Fund – Growth: Rs 2,000
SBI Blue Chip Fund - Regular Plan – Growth: Rs 2,000
Mirae Asset India Equity Fund Growth Plan: Rs 5,000
Kotak Standard Multicap Fund - Growth Option: Rs 1,000
HDFC Top 100 Fund - Regular Plan – Growth: Rs 1,000
ICICI Prudential Equity And Debt Fund – Growth: Rs 1,000
Aditya Birla Sun Life Focused Equity Fund – Growth: Rs 1,000)

The total SIP is Rs 16,000. Please give your inputs on the current portfolio and what changes/additions needs to be done to achieve my goals.

--Hardik Dodia

To begin with, you say that your risk profile is aggressive. However, your mutual fund portfolio does not reflect your risk appetite. You are currently investing in three large cap schemes, two aggressive hybrid schemes, two multi cap schemes, a value fund. Aggressive hybrid scheme and large cap schemes are meant for conservative equity investors, whereas multi cap mutual fund schemes are meant for moderate risk-takers. Even value schemes are meant for investors who want to play it safe. You should consult a mutual fund advisor in your locality to get personalised advice to help you with your mutual fund portfolio. Work with the advisor and learn more about mutual funds and investing before handling your investments yourself.