What to do as my SIPs are unable to beat benchmark and category returns

Thanks for the kind words about Advisorkhoj

If your SIP is not able to match or beat category and benchmark returns in last 5 years, then frankly speaking you should consider replacing them with suitable schemes.

As you said, you want to exit these funds but still want to remain invested in mutual funds - This is a good idea and our suggestion is that you should invest the redeemed amount from your existing SIPs in some good performing diversified equity funds in which you can start your new SIPs.

Your expected returns of 15% are most likely to be met if you remain invested for a long period (atleast 5-10 years) in good performing diversified equity funds.

Please invest in diversified equity funds either in lump sum or through SIP for your long term wealth creation needs and meeting financial goals. You may select a diversified equity fund from here https://www.advisorkhoj.com/mutual-funds...

Please also read this –

https://www.advisorkhoj.com/articles/Mutual-Funds/Top-10-Best-Mutual-Funds-to-invest-in-2016:-Diversified-Equity-Funds

https://www.advisorkhoj.com/articles/Mutual-Funds/How-SIPs-in-Top-7-Best-Diversified-Equity-Mutual-Funds-have-created-wealth

Hope the above helps!