Will these mutual fund schemes help me to achieve my goals?

I am 26 years old and I am investing in Motilal Oswal Most Focused 35 Fund and L&T Emerging Businesses Fund via SIPs. I want to create a retirement corpus and want to stay invested in these funds till I am 55. I also have investments in HDFC Balanced Fund with a time horizon of four years for my marriage and a honeymoon trip. Moreover I have an SIP in Franklin India Ultra Short Bond Fund - Super Institutional Plan with a time horizon of one year and in ABSL Tax Relief 96 Fund with a time horizon of five years. All these investments are in the direct mode. I Want to know if my portfolio is good, as my risk profile for my retirement corpus is high. I am willing to take medium risk for the marriage investment and for the one-year purpose it is low.
-- Abhishek Misra

Chokkalingam Palaniappan, Director, Prakala Wealth Management, responds:

Since your retirement is far away, you may invest the amount in smallcap funds. Hence, instead of Motilal Most Focused Multicap 35, you may invest in HDFC Small Cap Fund. You may continue with the rest of the schemes (HDFC Balanced Fund, Franklin India Ultra Short Bond Fund, and ABSL Tax Relief 96 Fund) for your other requirements.