Mutual Fund - Switching Help

[ramii_01]

Hi Guys,

This is how my mutual fund investment looks as of today.

Birla Sunlife FrontLine Equity 6000
HDFC Equity 17000
HDFC TOP 200 10500
ranklin India Bluechip 4000
ICICI Prudential Discovery 9000
HDFC Prudence 3000

I have invested around 50,000 in these funds and I am willing to take more risks going forward. Also, I am planning to bump my SIP investments by around 7-8k each month.

Do I need to switch from any one of these into the other funds in the list? Or should I buy some other funds to have a decent return in another 2-3 years? And how does switching works and how does the exit load works in this case. Please advice. Thank you!

 

[Mumbaiman]

I would drop the franklin India blue chip and hdfc equity and use the extra 21000 into your birla sun life frontline equity. No point having 3 blue chip funds.