**switch over to direct entry scheme** :-You can switch over to direct entry scheme provided you have completed your graduation with more than 50%/60% marks , upon conversion your articleship will start on completion of the 100 hours ITT Course and 5 day orientation course & you will be eligible for CA Intermediate | CA IPCC Exam after completion of 9 months of articleship.
Since you have not cleared any group of CA Intermediate | CA IPCC you would be required to clear both the groups of CA Intermediate | CA IPCC after conversion into the Direct Entry Scheme
**Applicability of New syllabus in May 2016 :** Though ICAI has released changes in syllabus it is still not clear from which attempt it will be applicable so just wait for the notification from the institute . ICAI has just set the target for making new syllabus applicable from may 2016 attempt it is still not confirmed . Institute will surely provide relief to students who are presently under the current scheme to complete the course under the current scheme only , they will give sufficient number of attempts to complete the CA exams in old scheme .So there is nothing for you to bother about whether new syllabus 2016 is applicable to you or not. As you know it is a long process and this process takes time, for instance approval of government for its implementation , So you just focus on your current scheme.