My mutual fund are not giving any returns. Should I sell?

I have been investing in these mutual funds for 3 to 4 years. But I haven’t got decent returns from any of them.
Reliance Small Cap Fund: Rs 7,000
SBI Magnum Midcap Fund: Rs 3,000
Motilal Oswal Multicap 35 Fund: Rs 8,000
Kotak Standard Multicap Fund: Rs 2,000
ICICI Prudential Large & Mid Cap Fund: Rs 2,000
Franklin India Prima Fund: Rs 2,000
Aditya Birla Sun Life Frontline Equity Fund: Rs 5,000

Should I continue to invest or change any scheme? Please suggest
--Rejo Mathew

Dilshad Billimoria, Director and Chief Planner, Dilzer Consultants Pvt Ltd, responds:

Markets have been down in the last 2.5 years and the economy is in a slump. To benefit from equity investments, you should have a horizon of over 10 years or more. If you have a long-term horizon, you may consider replacing Motilal Oswal Multicap 35 Fund with Mirae Asset Emerging Bluechip Fund, ICICI Prudential Large & Mid Cap Fund with Kotak Standard Multicap Fund, and Aditya Birla Sun Life Frontline Equity Fund with Axis Bluechip Fund