What to do with invested mutual fund ? Hold or Switch

[samkapoor77]

I started investing in mutual funds in 2008. Since then I have invested Rs. 2,000 via SIP in 3 mutual funds viz. HDFC equity fund (G), Reliance Growth Fund (G) and SBI Contra Fund (G). I invested in these funds for long period and basic motive was to accumulate funds for my children’s education. Should I continue these funds or switch to some other funds?

[samkapoor77]

I will suggest you to redeem SBI contra fund (G). Invest the funds that you will withdraw from SBI contra in HDFC equity fund (G) and Reliance Growth Fund (G). Both these funds are good.

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