Bought 2 Infrastructure Mutual funds in 2007 , Still they are below purchase amount

POSTED BY Jha ON April 26, 2014 3:10 pm COMMENTS (3)

Dear friends

I do have 2 infrastructure MFs with me. SBI Infra  – Invested in 2007. Invested amount – 10,000/-. Current Value – 8047/-

UTI Infra – Invested in April 2011. Invested amount – 10,000/-. Current Value – 8001/-.

Both funds are proved to be worst performers.

1. Pl. guide me Shall I dispose them now or wait for a few months so as to get some additional returns.

2. After disposing them, shall I reinvest in any good equity funds. If so, pl. try to name 1 or 2 funds.

Thanks, Jhaji

3 replies on this article “Bought 2 Infrastructure Mutual funds in 2007 , Still they are below purchase amount”

  1. ashalanshu says:

    Dear Jha, please do whatever you think is OK for you.

    Thanks

    Ashal

  2. ashalanshu says:

    Dear Jha, please redeem and invest the amount into some other Eq. funds if you are already investing.

    Thanks

    Ashal

    1. Jha says:

      Thank U Mr. Ashalanshu for the suggestion. Will there be any growth in infra funds due to elections 2014 (as Sensex is booming) and thereby shall I wait for some more days to get avoid current losses. , Regards, Jhaji

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