I have investments in the following mutual funds. All are in equity funds. Can you please advise me if I should continue investing in these funds or I need to switch to some other funds? If yes, can you please recommend the funds?
Fund Name ' Rs. lacs
Franklin India Equity Fund – Direct ' 4.90
HDFC Balance advantage fund - Direct Plan - Growth Option ' 6.20
ICICI Prudential Blue Chip Fund - Direct Plan – Growth ' 6.72
IDFC Multicap Fund - Growth (Direct Plan) ' 7.12
Quantum Long Term Equity Fund - Direct Plan - Growth Option ' 8.11