Am I investing in right mutual funds?

I have been investing in the following mutual funds since last year

SIP of Rs 5,000 in Aditya Birla Sun Life Tax Relief '96 Fund (Growth, Regular Plan)
SIP Rs 4,000 in DSP Tax Saver Fund (Growth, Regular Plan)
SIP Rs 5,000 in Franklin India Smaller Companies Fund (Growth, Regular Plan)
SIP Rs 2,500 in HDFC Equity Fund (Growth, Regular Plan)
SIP Rs 2,500 in HDFC Top 100 Fund (Growth, Regular Plan)
SIP Rs 6,000 in UTI Mid Cap Fund (Growth, Regular Plan)

Apart from these I am also investing Rs 5,000 monthly in NPS, PPF and SSY.
Please guide about my folio. I want to continue this for 10-15 years.
-Bhaskar Mehra

Rishabh Parakh, Founder, Money Plant Consultancy, responds:

It is great to know that you are investing for long term and have created a diversified portfolio already, which also includes ELSS to provide you tax savings. You can replace HDFC Equity Fund and Franklin Smaller Companies Fund with Kotak Emerging Equity Fund or Axis Mid Cap Fund or Mirae Focused Fund.

However, you should focus on our comprehensive financial plan before you do that and link each of your financial goal to your SIPs and other investments in SSY and PPF. This will help you to achieve your long-term financial goals like kid's education, marriage and your retirement planning.

You need to also do your math in this financial year about whether to continue investing in the ELSS , PPF or SSY because of the new tax regime. Do note, all these financial products are good which work as a committed savings and provide a good-risk adjusted returns in the long term, so do your math properly.