When it comes to investing, you cannot adopt a buy and forget approach. The performance of a fund may be good today, but it does not guarantee performance for eternity. Tracking the performance of a fund’s performance is important for it not only offers you point of exit, it also indicates how the fund is faring and if you need to take any action with the investment.
SBI Bluechip is a large- and mid-cap fund which has not been the best performer in its category when you bought it. Similarly, Tata Indo Global is an infrastructure fund, a sector which has not taken off as anticipated. The poor returns are reflected in both the fund’s performance and despite the emotional attachment you should consider exiting both the funds. It is not worth staying in a continuously poor performing fund.
We understand your angst against the poor performing funds; mutual fund investments are subject to market risks, which one should be aware of before investing in them. You can draw a lesson from these investments; invest in funds that have a track record and performance history.