Will these schemes help me to create a corpus of Rs 1.5 crore?

I am investing in the following mutual fund schemes via SIP every month; all are direct funds:

Parag Parikh Long Term Fund - 5000
Axis LOng Term Equity Fund -5000
L&T Emerging Equities Small cap -5000
L&T Midcap fund - 5000
Franklin International Growth Fund -5000
I have time horizon of 15 to 20 years. My risk tolerance is high. I want to create a retirement corpus of Rs 1.5 core by the time I am 45 years old. My investment horizon is 15-17 years. Pease tell me if the funds are appropriate for me or should I change my portfolio?
--Vaibhav M Nalwad

You are currently investing Rs 25,000 every month. Assuming an annual return of 12 per cent, you would be able to create a corpus of Rs 1.26 crore in 15 years. However, we would ask you to have a realistic retirement corpus – find out how much is your living cost now, and inflate it by 6-7 per cent to arrive at a realistic target. Round figure are often not enough to take care of your comfortable retirement life. Only a realistic target would help you to maintain your same standard of life.

You are investing in a multicap scheme, tax saving scheme, smallcap scheme, midcap scheme and an international scheme. You have not provided the right name for the international scheme. So, will not be able to able comment about them. Other schemes you have chosen are good performers. You may continue with them.