Approach SIP

I am investing in SIP on below 15 funds for past two years. Investing 75000 rs every month in equal installments. Can you suggest if this is a right move or please direct the right approach. Presently the total market value in -3%

SBI Magnum Multicap Fund - Growth
HDFC Hybrid Equity Fund - Growth
Franklin India Smaller Companies Fund - Growth
Franklin India Focused Equity Fund - Growth
L&T Hybrid Equity Fund - Growth
L&T Emerging Businesses Fund - Growth
Tata Hybrid Equity Fund - Growth
Tata India Consumer Fund - Growth