Yes it can be done in odd semester 1,3,5, provided you have no backlogs and you have paid out the dues in college if any, and you should also obtain NOC from university if changing from VTU to Autonomous NOT UNDER VTU.
My suggestion is continue under your current college instead of shelling out money in changing colleges, develop skills and improve yourself in the same amount that you were going to spend in changing colleges, your future will be brighter than any other graduate from autonomous college. Because if you are not changing the college to top 2 Such as rv,bms it’s a waste of money. Simply join the college that’s close to home and is dirt cheap in fees and please maintain 65% aggregate throughout.