I have invested in 4 to 5 funds. They are: Axis Long Term Equity Fund, SBI Magnum Multicap, Kotak Select Focus, L&T Emerging Businesses Fund and ICICI Prudential Bluechip. Investment in two of my funds has moved down by around 3.5 per cent during the last 5 months. Should I continue investing in these funds or change my portfolio?
- Anil
You have chosen good funds. You should carry on with your investments. Also, these funds are not with a narrow mandate. Don't look fund performance over a five month period. It doesn't help. Investing in equity should be with a minimum time frame of five years or more. You can look at it but don't get anxious. And if you are a regular investor, you should be happy about it that you are buying it relatively cheaper. Funds selected by you are good. Stay on course.
This article was originally published on June 11, 2018.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
