Should I switch to other funds as current funds are not doing well

I am investing in UTI Equity Fund since last 1.5 years, Rs 38,000 invested and current value Rs. 43,000 and IDFC Premier Equity Fund since last 4 years, Rs 80,000 invested and current value Rs 100,000. Each 2000 monthly as a SIP. Will you advise to stick with them or I switch to SBI Blue Chip Equity and Franklin india Smaller Companies Fund?

Apr 13, 2017 by Ankit Johri, Bangalore  |   Mutual Fund

UTI Equity fund is good performing large cap fund and you can continue with that. 18 months time period is too early to draw a conclusion about your SIP investment in this fund.

However, you can stop your SIP investment in IDFC premier Equity Fund as the fund has not been performing well during the last 2 years. you can substitute by investing in another mid cap fund, Mirae Asset Emerging Bluechip fund. However, if you are willing to invest in a large cap fund, then SBI Bluechip Fund is an excellent choice.

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