Mutual fund investors are extremely serious about underperformance these days. Most of them can’t tolerate even a short-term underperformance. They mercilessly sell laggards even if they were lacklustre only in a quarter. However, this approach is likely to result in selling bankable long-term performers in the portfolio, say mutual fund advisors. These investors are also likely to get into habit of getting in and out of schemes regularly, add advisors.
“One needs to reason out the ..
