Should I shift my investments to other mutual funds?

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I have investments in the following mutual funds. Shall I continue with them or switch to other schemes for better returns. I am getting poor returns now. Please advise.
Aditya Birla Sun Life Tax Relief 96: Rs 5,000 (Aug 2017)
HDFC Mid-Cap Opportunities Fund: Rs 5,000 (Aug 2017)
SBI Bluechip Fund: Rs 4,000 (Oct 2017)
Tata Equity PE Fund: Rs 4,000 (Oct 2017)
Franklin India Smaller Companies Fund: Rs 4,000 (Oct 2017)
Kotak Bluechip Fund: Rs 5,000 (Oct 2017)
Nippon India Large Cap Fund: Rs 5,000 (Oct 2017)

My immediate requirement is my daughter's marriage in 2021. Then a house in 2024-25. I have moderate to high risk appetite.
--Nandakumar Nair


All your investments are in equity mutual fund schemes. They are not meant to achieve short and medium term goals. Debt mutual funds are better for shorter goals. You should invest in equity mutual fund schemes only if you have an investment horizon of five to seven years. You should have an even longer horizon of seven to 10 years if you invest in mid cap and small cap mutual fund schemes. Even if you have a higher risk appetite, it is not wise to invest in equity mutual funds to achieve short-term goals. Equity mutual funds can be extremely risky and volatile in the short term.
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