I have been investing in UTI mid cap fund from June 2016 with 3k per month.Off late i.e., from 2018 January the funds performance has come down drastically. My investment horizon is for 10+ years. Could you please if I can continue in this fund or switch to a better mid cap fund?
You may consider switching to Franklin Prima Fund or HDFC Mid-cap opportunities Fund.
Kindly go through this link (Morningstar analysis of UTI Mid-cap fund).
Another option is .. You can make route future SIPs to Franklin Prima / HDFC Mid-cap opp fund and hold on to the existing units in UTI Midcap fund.