You just have to keep track of their performance during this period.Looking at the performance of a mutual fund scheme alone is meaningless. If it is managed to beat its benchmark, the scheme is doing well. However, if it is severely underperforming both its benchmark and category for more than a year or more, you should try to find out the reason behind its bad performance. You may also look at the key ratios such as Sharpe ratio Standard deviation , etc for a better understanding. If you are not satisfied with the performance, you may sell your investments and shift the money to a better performing scheme in the same category.

Source: Economic Times March 09, 2018 07:14 UTC