Should I make any changes to my mutual fund portfolio?

I am 32 years old. I have been investing in these mutual funds since the last 2.5 years. My risk profile is moderate. This is my portfolio:
HDFC Small Cap Fund: Rs 1,000
Nippon India Vision Fund: Rs 1,000
ABSL Frontline Equity Fund: Rs 1,000
Should I make changes to it? I also want to invest a lumpsum in any mutual fund. Please suggest some good schemes.
--Prince Arora

Investing a small amount in several mutual fund schemes is not going to offer you the benefit of diversification and maximise your returns. Since you have a moderate risk profile and want to invest for a long period, you can invest in a flexi cap mutual fund. Flexi cap funds have the freedom to invest across sectors and market capitalisations. They are ideal for moderate investors looking to invest for a long period.

You should opt for a goal based investing strategy. Identify a long-term goal. Find out how much money you need to achieve the goal. Then find out how much you need to invest every month to achieve your goal. This will help you to take your investment seriously and learn about the intricacies of investing.