Yo! Thanks a lot people. I have installed Bitdefender free edition and by default the shield is disable so it is not conflicting with Avast. I also did little bit of testing with it by the old Virus file which I had kept in password protected zip file. All though Avast is still not detecting the fold file as virus, bitdefender did !! So Now I have a
faster onaccess scanner engine [Avast] ,
Better looks [Avast] ,
Good Easy Mail protection [Avast] ,
Better P2p Schield [Avast]
Strong scanner for HDD when suspicious activity is observed [Bitdefender]