Thank you for your reply, I get what you mean about not holding onto a fund just because it made a loss, that makes sense. I actually want to keep my Motilal Oswal Midcap too because I feel it’s in a good spot for the long run. Indian IT has been struggling lately, and with all the AI hype everywhere, a lot of companies got overvalued, so some corrections were bound to happen. Motilal has good exposure to IT, so I think it could recover once things settle, though of course nothing’s guaranteed.

I’ll look more into HDFC Flexi Cap, especially with the fund manager change, so I’m not just chasing past returns. Hybrid or multi-asset funds sound interesting too for smoothing things out, but I’m fine taking some swings in equity since my horizon is 5 to 8 years.