If you are passionate about HR then you should go ahead. This type of changes will intially result in loss, but is profitable in the long run. But you need to be passionate enough to overcome the disadvantages with a smiling face.
If you are asking for better prospects I think Multimedia is in the process of boom and you can benefit immensely if you stay. Graphic Designing as such does not have a big market in India, but Web Designing, Animations, Gaming have huge future.
25th September 2006 From India, Thane
Before shifting think twice that you have to deal with all types of human being in HR.
You are from IT background you might not interact with people from other fields. It is challenging job.
27th August 2015 From India, Vadodara