Mutual Fund Portfolio Combination?

I am looking to invest in mutual fund from State Bank of India or ICICI Bank with portfolio in Debt Long Term, Balanced and Equity Diversified. Please advice the best combination with time horizon of 15-20 years. My financial goal is between 10-15 lakhs with SIP of Rs 1000-1500 per month.

What is LIC’s Retire & Enjoy Policy Means?

I want to Know about the LIC’s Retire & Enjoy policy details and i came to know it is a combination of 21 policies. If i wish to take this policy would i be taking this policy as 1 policy or it would come as 21 policies to me. Please explain to me. my age is 32 and my yearly contribution 50000K