Are Tata Dividend Yield and Kotak Global Emerging Market funds good funds to stay invested in from a mid to long term perspective? Which of these two should I look at churning?
- Manali Rohinesh
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Investing in an international fund has its share of risks. The Kotak Global Emerging Market fund has not been a good performer, which is reflected in its performance and you should consider exiting this fund to cut your losses and look at a better faring fund. At the same time, you can consider continuing your investment in Tata Dividend Yield fund, which is a good performer in the mid- and small-cap space. You can draw a lesson from this investment; investing abroad has its advantages as long as the idea is unique, has potential and is missing from your current investment portfolio. Make sure you understand these factors before investing in them, as global investing is no more about geographical diversification alone.
This article was originally published on June 15, 2011.