Am I investing in the right mutual funds for my retirement?

I am 26 years old. I am investing for retirement. Could you take a look at my investments and tell me if I should make any changes?

Mirae Asset Emerging Bluechip Fund: Rs 6,000
Axis Mid Cap Fund: Rs 6,000
SBI Small Cap Fund: Rs 6,000
ICICI Prudential Value Discovery Fund: Rs 6,000

I also invested Rs 3,000 each in Motilal Oswal NASDAQ 100 FOF and Edelweiss Greater China Offshore Fund. Investments are stopped due to overseas limits.
–Parth Sonara

You have not shared your risk profile. So it is not possible to comment about the suitability of these schemes to you. You are investing in a large & mid cap scheme, mid cap scheme, small cap scheme and value scheme. These schemes are risky and volatile. They are recommended only to seasoned investors who can afford to take a lot of risk and stomach volatility.

We ask out readers to choose mutual funds based on their goals, horizons, and risk profile. If you are a conservative investor looking to grow wealth without too much risk and volatility, you may choose large cap mutual funds. If you can take a little extra risk or you have a moderate risk profile, you may invest in flexi cap funds. We don’t recommend investing in risky funds like mid cap and small cap schemes to new and inexperienced investors. We believe these investors lose their nerves and stop or abandon their investments when the market enters a bear phase. That is why these risky schemes are recommended only to seasoned or informed investors.