Mutual fund schemes for a student

I am 23 years old and want to invest Rs 5,000 per month through SIP. I am a student.
I want to invest in three types of mutual funds:
1. Largecap (SBI Blue Chip Fund or Kotak Select Focus Fund)
2. Midcap (Mirae Asset Emerging Bluechip Fund)
3. Multicap (SBI Magnum or ICICI Pru AMC)
Which funds should I choose to invest and in what ratio?
I have a time horizon of 25 to 30 years. Kindly advise.

--Shubham Singh

Abhay Shah, a certified financial planner, responds:

For largecap you should go for Kotak Select Focus instead of SBI Blue Chip Fund, as in comparison Kotak's scheme has given 20 per cent CAGR returns compared to 17.7 per cent CAGR returns.
For midcap you can consider IDFC Sterling Equity Fund as it has performed very well in this category in last two years. In last one year the scheme has outperformed index and has given 30 per cent CAGR return.
For multicap, you can go for SBI Magnum Multicap as it outperformed ICIC Pru Multicap Fund by six per cent y-o-y basis.
Ratio could be 50:35:15 in midcap, multicap and largecap, as you have very good long term period for your investment I would prefer more tilt towards mid cap.