Should I make any changes to my mutual fund portfolio?

I have been investing in the following mutual funds for the past eight months through SIP:
ICICI Prudential Bluechip Fund
L&T Emerging Businesses Fund
HDFC Small Cap Fund
Principal Focused Multicap Fund
Nippon India Small Cap Fund

Should I continue to invest in these schemes or make changes to my mutual fund portfolio?
--Tarun Tyagi

Subir Jha, Founder, Buckspeak, A Hyderabad based wealth management firm, responds

Eight months are too short to evaluate the performance of equity mutual funds. All your schemes have a long-term track record - between five years and 14 years. Since you are investing through SIPs, you should evaluate the performance of these schemes only after three to four years. Continue with your SIPs and stay invested.