Will I be able to achieve my goals in time?

I am 34 years old. I want to create a corpus of Rs 60 lakh after 18 years for my child’s higher education. Also, I want to have Rs 35 lakh for my child’s marriage after 25 years and Rs 1.5 crore for my retirement after 35 years. My risk profile is high.
I am investing in a few funds:
1. DSP BlackRock Micro Cap Fund
2. Reliance Small Cap Fund
3. Franklin India Smaller Companies Fund
4. Franklin India Higher Growth Companies Fund
5. Aditya Birla Sun Life Frontline Equity Fund
6. SBI Magnum Balanced Fund
7. ICICI Prudential Value Discovery Fund
8. HDFC Mid-Cap Opportunities Fund
9. ICICI Prudential Exports and Other Services Fund
10. SBI Bluechip Fund
I am investing Rs 2,000 in all these funds. Other than this, I have invested a lumpsum in the following funds:
1. Axis Long Term Equity Fund
2. Aditya Birla Sun Life Tax Relief 96
3. Franklin India Prima Plus Fund
4. UTI Equity Fund
5. UTI MNC Fund
6. UTI Opportunities Fund
I have a term policy of Rs 1 crore and a mediclaim policy of Rs 10 lakh and I have some bank FDs and NSC and a PPF account. I have stopped putting money in FDs and NSC from the last one year. I am also investing some amount in SGB gold bonds. I do not have any loan but my income is low, I can only invest Rs 20,000 in mutual funds every month. If I continue with this amount in mutual funds, will I be able to achieve my goals in time?
--Vikram Chauhan

Puneet Oberoi, certified financial planner, responds:

As per your query, it is not clear that whether you are taking these values are present value or future value. So, for your convenience, I will share you the results as per both the scenarios.

Assuming you have given the future value of your current goals, you need to invest:
Future Value Required Monthly:

If you have provided the current value of your goals, you would need to invest:
Present Value Future Value:

*future value is calculated with 7.5 per cent inflation

Just check which scenario is applicable to you. If it is the first one, you can easily achieve your goals. If it is second one, you will have to increase your SIP every year to approximately 10 per cent; you can achieve it easily.