It is not mandatory for you to stick to one Mutual Fund if you think it is not performing well or it is not giving you better returns. The whole point of investing is to grow your money in options that can help you build a good financial corpus. If you require a personal loan or any loan to achieve your financial goals with an investment corpus, then the whole point is lost.
As a prudent investor, you need to know is that, you have an option to switch to other Mutual Funds which belong to the same Mutual Fund house by using a transaction slip. According to the holding pattern of the mutual fund folio, the transaction slip has to be signed and submitted to the investor service centre.
Investors have to indicate the number of units/amount to be switched. The transaction is treated as redemption from the source scheme and purchase in the destination scheme.
This change is reflected in the account f the mutual fund holder. However, what must be understood is that, not all funds hold the option of switching. If you are a prospective investor, look out for this option for both source and destination schemes before you opt the Mutual Fund.