Should I continue to invest in these mutual funds?

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I am 26 years old. I have recently started SIPs of Rs 12,000 in three mutual fund schemes: Kotak Standard Multicap Fund, ICICI Prudential Bluechip Fund, and HDFC Mid-Cap Opportunities Fund. My investment horizon is 15 years. I want to create Rs 1 crore in 15 years. Should I continue to invest in these three funds?
--Sachin Singh

Dilshad Billimoria, Founder, Dilzer Consultants, responds:

To create Rs 1 crore in 15 years, you need to invest Rs 26,000 to Rs 27,000 every month. You have chosen good schemes. However, I do not know whether they match your risk profile. If you want to reduce the overall risk in the portfolio, you may add an Index fund. You can also make some fixed income investments to balance your mutual fund portfolio.
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