Is my mutual fund portfolio adequately diversified?

I am investigating as below:
HDFC, SBI, TATA, ICICI Pru balance funds: Rs 7,500
Elss of Axis Mutual Fund: Rs 1,000
Franklin Rs 1,000
ABSL Frontline Equity Fund: Rs 3,500
SBI Bluechip Fund: Rs 2,500

Franklin India Prima Plu: Rs 2,000
Franklin India High Growth Companies: Rs 1,000
Kotak Select Focus: Rs 2,200
ICICI Focused Bluechip: Rs 2,000
ABSL Top 100: Rs 1,000
ICICI Prudential Value Discovery Fund: Rs 1,000
Reliance Top 200: Rs 2,000
Principal Growth Fund: Rs 2,000
Motilal Oswal Focused 25: Rs 2,400
Reliance Banking Fund: Rs 2,000
ICICI Prudential Banking & Finance: Rs 2,000
Pls suggest if all funds are good or should I replace some funds.
Do I have exposure of all segments? My risk profile is between moderate and aggressive.
--CA Vishnu Mundra

Gaurav Monga, a Certified Financial Planner, responds:

You are currently investing in more than 15 equity-oriented schemes. Ideally, the number of schemes should be between four and six from the diversification perspective. You have over-diversified your portfolio which will in fact negate the diversification benefit. The portfolio should be consolidated by reducing the number of schemes and following matrix can be followed for right combination of schemes: 1 largecap fund, 1 multicap fund, 2 midcap funds and 1 balanced fund. Most of the ELSS funds fall in the muticap category. Any further additional investment should be made only in the existing schemes rather than adding any new schemes.