Ask Value Research

Continue SIP in HDFC Equity?

The fund is invested in a set of stocks that is very different from other funds and it has generally been right on key occasions in the past 20 years

I have been investing in HDFC Equity Fund via SIP of ₹8,000 since 2008. The fund has been underperforming for quite some time. Can you please tell me whether I should continue my SIP or stop it. Also, if I exit, what should I do with the corpus I have already accumulated with this fund.
- Saurav Ghosh

The fund has struggled in the last one year. It has been a relative underperformer in the large and mid-cap category. However, its long-term performance is still inspiring. The fund is invested in a set of stocks that is very different from other funds. That means the fund has taken a stand, and it has generally been right on key occasions in the past 20 years. So, hold on to this fund. The fund manager who has been managing the fund for a long period tend to take contrarian view on the broad market, and he has been proven repeatedly right in the past.

This article was originally published on September 09, 2015.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month