Will these mutual funds help me to build a retirement corpus of Rs 45 lakh?

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I am investing Rs 1,000 in each of the following mutual funds:
SBI Bluechip Fund
Aditya Birla Sun Life Frontline Equity Fund
Mirae Asset Large Cap Fund
ICICI Prudential Value Discovery Fund
L&T India Value Fund
HDFC Mid-Cap Opportunities Fund
Mirae Asset Emerging Bluechip Fund
Franklin India Smaller Companies Fund
SBI Small Cap Fund
L&T Emerging Businesses Fund
Nippon India Small Cap Fund
SBI Magnum Multicap Fund
Kotak Standard Multicap Fund

I am a 33-year-old government employee. I can invest up to Rs 14,000 per month. I have a moderate risk profile. I am already investing in PPF and NSC.

My goals are:
Retirement corpus: Rs 45 lakh after 25 years
Child’s education: Rs 40 lakh after 18 years
--Ant Susanta

Vishal Dhawan, Founder, Plan Ahead Wealth Advisors, responds:

Considering your investment horizon and the corpus required to achieve your goals, you can invest more conservatively if you can invest Rs 14,000 per month. Also, you are investing in too many schemes. While most of the schemes are good, it will be easier for you to manage your mutual fund portfolio with a smaller number of schemes, and possibly with the same benefits. You can consider investing in a balanced advantage fund and an aggressive hybrid fund. You can invest in ICICI Prudential Balanced Advantage Fund and HDFC Hybrid Equity Fund to achieve both your goals.
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