Given below is my mutual fund portfolio:
Axis Equity Fund – One time investment – 10000
HDFC TOP 200 FUND – Active SIP – 2000
HDFC BALANCED FUND – Active SIP – 2000
HDFC PRUDENCE FUND – Active SIP – 1000
HDFC Mid Cap Opportunities Fund – Active SIP – 1000
ICICI Prudential Discovery Fund – Active SIP – 2000
ICICI Prudential Dynamic Plan – One time investment – 50000
RELIANCE BANKING FUND – Active SIP – 1000
RELIANCE DIVERSIFIED POWER SECTOR FUND – One time investment – 50000
Sundaram Select Midcap – One time investment – 50000
UTI OPPORTUNITIES FUND – Active SIP – 1000
RELIANCE GOLD SAVING FUND – Active SIP – 1000
Out of these funds, RELIANCE DIVERSIFIED POWER SECTOR FUND and Sundaram Select Midcap are not performing well and current value is down by 30 %. Shall I sell them & invest in some other fund or shall I wait for recovery?
Also, is it good to invest in Sector Specific Mutual Fund i.e. Pharma & Healthcare, FMCG, Technology?
Need expert help in rebalancing my portfolio.