Amidst the global stock market rout, retail mutual fund investors are getting perturbed. ET spoke to Kalpesh Ashar, Certified Financial Planner, Full Circle Financial Planners and Advisers for answers to some of these common investor queries.
Q: I am an investor in the L & T Equity fund direct plan through the SIP route. Infact I have further added to my investment in this scheme. I have checked the long term i.e 3 years & 5 years performance of this fund on your website as well as Value research ,it isn't doing too well. But on a 10 year basis it's an out performer. I am a long term investor.Should I stay invested or redeem. Which similar kind of funds do you recommend? --- Micheal Lobo
A:Yes, you are right in your findings with regards to this particular fund.
I suggest that you stay invested with the existing holdings in L&T Equity fund and not redeem it presently. It can continue to be in your portfolio.
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