Please help me in achieving my goals as I am little bit confused

At the outset, we congratulate you for investing in mutual fund SIPs and planning for your long term wealth creation.

Your fund selection is good. However, the performance of your mutual fund portfolio need to be reviewed atleast once every year.

You are currently investing Rs. 26,000 through monthly SIP which is enough to fulfil your requirement of 50 Lacs after 15 years and 2 Crores after 20 years. In fact the total approx valuation would be as follows –

Monthly SIP of Rs. 26,0000 – expected returns @ 12% - the final corpus would be approx 1.31 Crores after 15 years

Monthly SIP of Rs. 26,0000 – expected returns @ 15% - the final corpus would be approx 1.76 Crores after 15 years

Monthly SIP of Rs. 26,0000 – expected returns @ 12% - the final corpus would be approx 2.60 Crores after 20 years

Monthly SIP of Rs. 26,0000 – expected returns @ 15% - the final corpus would be approx 3.94 Crores after 20 years

To check the above SIP calculations over deifferent time period and projected returns you may try this Calculator https://www.advisorkhoj.com/tools-and-calculators/systematic-investment-plan-calculator

Yes, your EPF contribution would be treated as debt investments. So when you prepare your asset allocation, please consider these as debt investment along with your bank fixed deposits, if you have any. Having some investment in debt oriented securities is always good. A simple formula to arrive at correct proportion of your equity and debt investments is to follow the thumb rule of 100 – your age. For example – if your age is 40 then your overall equity investments should be around 60% of the total corpus and 40% should be in debt. You can also try this asset allocation calculator https://www.advisorkhoj.com/tools-and-calculators/asset-allocation

With regards to your LIC investment, we are not clear what suggestion you want from us? Please do write to us seperatley.

As of now there is no need of any change in your overall mutual fund portfolio.