Will I be able to create Rs 30 lakh by 2026?

I am 28 years old. I am investing in the following four mutual fund schemes via SIPs of Rs 2,000. I have also invested a lumsump of Rs 25,000 in L&T Midcap fund (G) From Aug, 2017.
1. DSP Black Rock Tax Saver Fund(G)
2. L&T Tax Advantage Fund(G)
3. HDFC Midcap Opportunities Fund(G)
4. Reliance Small Cap Fund(G)
My target is to create approximately Rs 30 lakh in year 2026 for buying some land in Kharagpur, West Bengal. I'll increase 15 per cent in my SIP amounts in every scheme annually. Is my portfolio good for my target? What do you suggest to make my investments better?
--Rupesh Kumar Singh

Puneet Oberoi, Founder, Excellent Invesment Advisors, responds:

As your goal is approximately nine years away and you are currently doing an SIP of Rs 8000 per month. You will accumulate around Rs 28 lakh at 13 per cent annual returns, if you increase your SIP amount by 15 per cent annually.


Also, your lumpsum investment of Rs 25,000 will become Rs 75,000 in 9 years. So, according to the calculations, you will reach your target by 2026.