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Should I continue with my mutual fund investments? 

There is no reason to discontinue your equity mutual fund investments that you plan to use for a long-term goal. However, you need to do certain things to ensure that you meet your goal without fail.

First, find out your risk profile and make sure your portfolio matches it. You say you have a moderate risk profile, but you are investing in a large & mid-cap scheme, mid-cap scheme, and small-cap scheme.