Will these mutual funds help me to make Rs 1 crore in 5 years?

Kindly assist me to achieve a target of Rs 1 crore in five years. I am 34 years old. I have been investing in mutual funds since the past one year:
Mirae Asset Emerging Bluechip Fund: Rs 3,500
Axis Focus 25 Fund: Rs 2,000
Kotak ESG Opportunities Fund: Rs 1,000
Canara Robeco Flexi Cap Fund: Rs 3,000

Recently added:
SBI Equity Hybrid Fund: Rs 3,000
Axis Multi Cap Fund: Rs 2,500
Shall I increase my amount in the current sip or start investing in large cap stocks. Please suggest. My daughter is 11 months old.
--Siddharth Menon

You have a five-year goal. We would not recommend investing in equity mutual funds with a five-year horizon. You should invest in equity mutual funds only if you have an investment horizon of at least seven years. Equity is extremely risky in the short term. It can also get extremely volatile. That is why equity is recommended only for long-term investments.

We always ask investors to choose mutual funds based on their their goals, investment horizon, and risk profile. For example, if you are a conservative investor looking to create wealth without too much risk and volatility, you should invest in large cap schemes. If you have a moderate risk appetite, you may invest in flexi cap funds. We wont recommend risky options to you since you are new to mutual funds.


Best large cap funds
Best flexi cap funds

If you are confused about the basics about mutual funds and investing, you should hire a mutual fund advisor or financial planner.