Which mutual fund is best to meet my regular income needs

Please let me know if I need to make changes in my portfolio. I have retired and currently on a 2 year contract which expires March 2018. I need to get regular monthly income to help tide over my daily expenses. Birla Sun Life Frontline Equity (2.05 L); Birla Sun life Balanced 95 (2 L); Franklin Build India (1.3 L); HDFC Balanced Fund (Div 2.5 L) & (Growth); HDFC Prudence Fund (2.5 L); L&T Business Cycles (74 K); Reliance Growth (1 L); SBI Magnum MIP (1 L) & Tata Balanced Fund (4.5 L). Are these funds good as of today?