How to create Rs 2.5 crore in 20 years?

I am 35 years old and my investment horizon is 15 years. I want to create a corpus of Rs 2.5 crore by the time I am 55 years old. I am investing in the following mutual fund schemes:

Mirae Asset India Equity Fund (G): Rs 5,000
Mirae Asset Emerging Bluechip Fund (G): Rs 5,000
IDFC Classic Equity Fund (G): Rs 4,000 (Now called IDFC Core Equity Fund)
Sundaram Select Midcap Fund (G): Rs 4,000 (Now called Sundaram Mid Cap Fund)
Motilal Oswal MOSt Focused Multicap 35 (G): Rs 4000 (Now called Motilal Oswal Multicap 35 Fund)

And the below are the ULIP's all the below funds started in May 2012:
BSLI Classic Life 2010 FAV-Pay To Age 60 (MAXIMISER): Rs 6,000
ICICI Pru Life Dynamic P/E Fund (DPEF): Rs 6,000
HDFC SL Classic Assure Insurance Plan: Rs 4,000
Kotak Smart Advantage - Opportunities Fund: Rs 1,500

Should I make any changes to my mutual fund portfolio or ULIP?

-- Vishal Bhardwaj

Assuming an annual return of 12 per cent, you need to invest Rs 25,021 per month to create a corpus of Rs 2.5 crore in 20 years. You are currently investing Rs 22,000 in mutual funds. You need to invest extra Rs 3,000. We can not comment on your ULIP investments.

You have picked up decent mutual fund schemes. You may continue with your schemes. Do not take round figures like Rs 1 crore or Rs 2 crore to achieve your financial goals. It is always better to work with real numbers and arrive at a realistic target to find out how much you need to invest to achieve your goals.