How to create a corpus of Rs 1 crore in 25 years

I am investing via SIPs in following funds:
SBI Small Cap Fund- Direct: Rs 1,000
L&T Midcap Fund- Direct: Rs 500
Tata Equity PE Fund: Rs 500
PPFAS Long Term Equity Fund: Rs 1,000
HDFC Midcap Opportunities Fund- Direct: Rs1,000
Axis Focused 25 Fund- Direct: Rs 1,000
Invesco India Contra Fund- Direct: Rs 1,000
LIC Midcap Fund- Direct: Rs 500
Mirae Assets Emerging Bluechip Fund- Direct: Rs 2,000
Reliance Small Cap Fund- Direct: Rs 1,000
ICICI Prudential Bluechip Fund- Direct: Rs 1,000
I can invest for 25 years and take a moderately high risk. Is my Portfolio good? I want more than Rs 1 crore from my investments after 25 years.
--Devansh Tripathi

Puneet Oberoi, Founder, Excellent Investment Advisorz, responds:
Firstly, there are too many schemes in your portfolio. Too much diversification is counterproductive. Many of these schemes would have stocks in common which will lead to lower returns. For example: Invesco India Contra has 31 per cent stocks in common with Mirae Asset Emerging Bluechip Fund and 36 per cent with ICICI Prudential Bluechip Fund. Similarly, Tata Equity PE Fund has 29 per cent stocks in common with Invesco India Contra Fund and 21 per cent with Mirae Asset Emerging Bluechip Fund and 23 per cent with ICICI Prudential Bluechip Fund.


I would suggest you keep a maximum of four funds and divide all your investments in them. These are the funds:
Sbi Small cap
L& T Midcap
ICICI Pru bluechip fund
HDFC Mid cap opportunities

Secondly, let us check how much you need to invest per month to achieve Rs 1 crore in 25 years assuming a return of 12 per cent annually. If you invest Rs 5,400 per month for 25 years you can achieve your goal of Rs 1 crore in 25 years. You can easily create approximately Rs 2 crore as you are already investing Rs 10,500 per month. I hope Rs 1 crore is an inflation adjusted amount. Because if you want Rs 1 crore today, you would require a lot more than that after 25 years.