Should I sell my investments in Franklin Templeton schemes?

I have been investing in Franklin India Bluechip Fund and Franklin India Balanced Fund for three years and now the returns from the fund seem very low compared to its peers. Is it a good idea to continue investing in these funds or should I switch to a better one. My SIPs and investment outlook is perpetual. In case of a switch what would be my best choices?
--Arunavo Banerjee

Apoorva Vora, Founder, Finolutions Wealthcare, responds:

I agree with a relatively weaker performance of Franklin Templeton’s Bluechip Fund as well as the balanced fund. The fund has been toggling between being second and third quartile performer. Since your SIP investment outlook is perpetual, it is important to choose a fund house where you have comfort of consistency of policy and adherence to investment policy. Franklin Templeton has a stable investment team and a process driven organisation. These are important factors for long term commitments of SIP.


I do not have an idea of the quantum of investments. If the quantum has grown to a larger corpus, you may think of adding a fund or two for diversification. Please remember – for long term investment commitments, the stability of investment team, internal processes of AMC, etc., are equally important. As a short answer - I do not see an immediate concern for you to switch.