I had invested in Magnum Tax Gain and Birla Sun Life Tax Relief 96 4 years ago. How long should I stay invested in them if I want better returns?
-Ankur
Even though the markets haven’t gone anywhere in the past 4 years, you wouldn’t be facing heavy losses from your investments in these funds. However, in these 4 years, Magnum Taxgain has turned into a disappointing fund. You can consider redeeming your investments from this fund.
This article was originally published on March 30, 2012.