I have stopped investing in Sundaram SMILE and Tata Equity PE for around a year. I have around Rs 40,000 investing in both of these funds. I don't need the money right now. Should I stay invested?
-Rajendra
Tata Equity PE is a very good, well-diversified fund. You shouldn't have stopped investing in it, and you should stay invested in it right now. Sundaram SMILE is a small-cap fund that hasn't seen good time in the past few years. But this fund is beginning to show signs or a revival now. Since you've waited through the bad times, you should stay invested now to reap the benefits of your patience.
This article was originally published on April 28, 2014.