Will I be able to create a corpus of Rs 5 core?

I am 34 years old. I have an investment horizon of 17 years. I want to create a corpus of Rs 5 crore. I am investing in the following funds since last one year via monthly SIPs:
Kotak Select Focus Fund: Rs 6,000
SBI Bluchip Fund: Rs 6,000
ICICI Prudential Focused Bluechip Equity Fund: Rs 2,000
Principal Emerging Bluechip Fund: Rs 4,000

HDFC Mid-Cap Opportunities Fund: Rs 3,000
Franklin India Smaller Companies Fund: Rs 3,000
DSP BlackRock Micro Cap Fund: Rs 6,000
Mirae Asset Emerging Bluechip Fund: Rs 7,500
Birla Sun Life Banking & Financial Services Fund: Rs 4,500
Is my fund selection right as per my target to meet my future goals. Kindly guide.
--Prakash Satapathy

Subhash Chawan, Financial Planner, Moat Wealth Advisorz, responds:

Your portfolio has 100 per cent equity funds and is inclined more towards mid and smallcap funds. This makes it an aggressive portfolio and can take a hit in a falling market.
I would recommend you to construct a portfolio that has 70-80 per cent equity funds and 20-30 per cent debt funds so that in a falling market your portfolio doesn’t fall drastically. You can also rebalance your portfolio by switching from debt to equity funds in lower market to average out your buying. You should add a balanced fund like DSP BlackRock Balanced Fund or HDFC Balanced Fund and stop SIP in one of the midcap funds.

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