Nobody wants to invest in an underperforming mutual fund. Yet, we find ourselves with some underperforming scheme every now and then. Why? Well, no scheme remains a topper forever. There would be phases when the scheme is underperforming its benchmark. Sometimes it may even underperform its category.
So, should you dump the scheme as soon as it started underperforming its benchmark or category? No, that would be a mistake. As said before, underperformance is often inevitable. Sometimes ..