Sir i am 34, i have investment in invesco india contra fund,kotak emerging equity fund,mirae asset emerging bluechip fund,nippon india multicap fund,tata equity p/e fund.Would like to ask are there any changes required

Ans: Dear Shanky
My recommendation only on the past performance and anticipated future outlook of your funds is as below:-
1. Invesco India Contra fund - Poor performance. Switch
2. Kotak Emerging Equity fund - Good fund. Continue.
3. Mirae Asset Emerging Bluechip fund - Good fund. Continue.
4. Nippon India Multicap fund - Good fund. Continue.
5. Tata Equity P/E fund - Poor performance. Switch

However, do note that you are taking a very high risk in your portfolio with 2 midcap and 3 small cap funds. Do consult a financial advisor to rebalance your portfolio.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.