Will these mutual funds offer me Rs 5 crore in 17 years?

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I am 36 years old. I have an investment horizon of 17 years to create a corpus of Rs 5 crore. I am investing in these funds since the last two years through monthly SIP:
Kotak Standard Multicap Fund: Rs 8,500
SBI Bluechip Fund: Rs 7,500
ICICI Prudential Bluechip Fund: Rs 2,000
Principal Emerging Bluechip Fund: Rs 7,500
HDFC Mid-Cap Opportunities Fund: Rs 3,000
Franklin India Smaller Companies Fund: Rs 3,000
DSP Small Cap Fund: Rs 6,500
Mirae Asset Emerging Bluechip Fund: Rs 7,500
Aditya Birla Sun Life Banking & Financial Services Fund: Rs 6,500

Have I selected funds as per my target to meet my future goals? Also, should I continue to invest in them? I am an aggressive investor.
-Prakash Satapathy


You are currently investing in two multi cap schemes (Kotak Standard Multicap Fund, ICICI Prudential Bluechip Fund), two large & mid cap schemes, two small cap schemes, a large cap scheme, mid cap scheme, and thematic scheme. You need to sharply focus your portfolio in line with your aggressive risk profile. Seek the help of a mutual fund advisor if required. Aggressive investors are typically asked to invest mostly in mid cap and small cap schemes. They can also add some large cap schemes if they want to diversify and reduce the overall risk in the portfolio.

Assuming an annual return of 12 per cent, you need to invest around Rs 75,600 per month to create a corpus of Rs 5 crore in 17 years.

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