Do I need to make any changes in my portfolio?

I have the following SIPs (for 3 years):
HDFC Balanced Fund (G): Rs 10,000 per month
HDFC Mid Cap Opportunities Fund (G): Rs 5,000 per month
L&T India Value Fund (G): Rs 10,000 per month
Principal Emerging Bluechip Fund (G): Rs 5,000 per month
Please advise if any changes are required.
--Unni Krishnan

Saurabh Mittal, a Certified Financial Planner, responds:

If you are investing for three years, then you should not invest via SIPs in equity schemes. A horizon of three years is a very short period for equity investments. It is recommended that you stop all SIPs in equities immediately and start investing in debt schemes. Transfer the existing accumulated corpus in equity to debt via systematic transfer plan (STP).