Is my mutual fund selection good to achieve my long term goals

Good to hear that you are investing through mutual fund SIPs keeping your long term goals in mind. As you need suggestions on scheme selection, please note the following -

1. Investing in Reliance Top 200 Fund would be better as performance of Reliance Equity Opportunities Fund is not upto the mark compared to the peer group and category returns.

2. Likewise, you should consider investing in SBI Magnum Midcap Fund in place of SBI Emerging Businesses Fund. Though, both are midcap funds, the former has a much better performance track record.

Rest fund selection is okay.

The other suggestion is that as you are investing to meet your long term goals, you should first know the respective goal amounts for your children's education, marriage and your own retirement. Once you are able to do that, you can estimate if your current monthly SIPs are enough to meet all these goals or not? Also, earmarking each SIP to particulars goals based on the goal target amount will be a good idea.

Tracking the goals regularly and reviewing your mutual fund portfolio at least once every year is must.

Hope you find the above suggestions helpful and thanks for writing to Advisorkhoj.