Anil-RegoIn the long term property will give steady returns. However there would be periods of poor or negative performance. Right now, the mumbai real estate market is seeing some stress.
Anil-RegoThe funds you have chosen are good. Maybe you could drop one of the funds and consolidate a couple of funds where you are investing rs 1000 per month
Anil-RegoIf you invest about 30,000 pm for the next 15 years, you are likely to be able to achieve a corpus of Rs 2 cr. If markets give better returns than 15% pa then it could be higher. However, at the end of 15 years, if markets are down it could be a little lower, though market tend to catch up over a period. If market give you a spike in returns, you could switch to funds like FT Dynamic PE fund.
Anil-RegoThe only fund I may want you to relook at is Birla Sunlife Equity which you could replace with Birla Sunlife Frontline Equity.
Anil-RegoSIPs are best in the long term of 3-5 years. Use a combination of funds so that your dependence on any one is not too high. Continue with it and stop only if the fund is consistently performing poorly vs the benchmark for the same category of funds.
Anil-RegoYour question is not very clear. It appears you are investing Rs 60,000 per annum in SIPs. ie Rs 5000 per month. If so, you would build up about Rs 61 lakhs in this period.
Anil-RegoYou should be able to build up a corpus of about Rs 3.3 cr in 15 years at a 15% return, if you invest Rs 50,000 per month. If on the other hand you are able to achieve an average return of Rs 19% pa consistently over this entire period, then you would be able to achieve your targeted return of Rs 5 cr.
Anil-RegoThis would however require you to take risk and you can do so by investing in equities. I would suggest you invest in a combination of equities and also equity mutual funds.