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Magnum Taxgain has fared poorly in the past few years, but wait for a while before selling it

I had invested in Magnum Taxgain in 2007. The current value of my holding is Rs 14,000. Should I hold onto it or redeem?
-Brijesh

This fund has performed poorly in the past 3-4 years. We would recommend you to hold onto this fund for another 6-8 months before selling it.

This article was originally published on January 16, 2012.

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