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

Jha

10 years ago

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