Regarding systematic transfer plan

I have a lumpsum amount and I have kept that in gilt funds right now. i am thinking of spreading it out to reduce the risk and increase the returns by doing a monthly STP to a mid cap fund for 3 years. Is it a wise decision? Please suggest

Yes. It is. Diversification is good. But don’t over diversify it.

My doubt is 3 years of STP in midcap is good to eliminate the risk?