How much return would I get after 10 years?

I request you to review my mutual fund investments below and advise me if I am investing right. I am 40 years old. I am investing with a long-term horizon of 10-15 years. I have recently started to invest in mutual funds (since February, 2017). I am investing via SIPs since last four years. I am investing Rs 10,000 in the following mutual funds:
1. HDFC Mid-Cap Opportunities Fund- Regular (G): Rs 500
2. Franklin India High Growth Companies Fund (G): Rs 1,000
3. BSL Frontline Equity Fund (G): Rs 1,500
4. DSP BlackRock Tax Saver Fund (G): Rs 1,000
5. Axis Long Term Equity Fund (G): Rs 1,000
6. SBI Bluechip Fund- Regular (G): Rs 5,000
7. CPSE ETF: Rs 1,000
Please suggest me if my investments are okay? Kindly provide me a projection of profit after 10 years for the above-mentioned investments. I am ready to invest another Rs 10,000 in equities and mutual funds.
--Saravana Sethu

Apoorva Vora, Founder & CEO, Finolutions WealthCare, responds:

I presume from your query that you are investing this amount in the form of SIPs. Unless there are structural issues in the schemes you have invested in, there isn’t any purpose of change. Further, your investments are already over-diversified for the kind of money you are committing. Your investing experience of last four years would have surely given you enough confidence to invest in mutual funds in general and via SIPs. You may consider fresh investments of Rs 10,000 in existing folio and balance out your single scheme allocation. You may allocate higher amount to midcap or multicap funds to balance your investments, and use ELSS only for tax-saving objective.

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