July 29, 2013 4:57 pm
I have invested in Debt Fund last year, my fund is having good growth. One should stay invested in Debt Fund for long term or shall sell & book the profit?
Stay invested for 1-2 years more if you dont need the money urgently.
You can continue to invest in Debt fund for next 1-2 years more. Interest rates will have to go down during this term which will result in handsome gains in debt funds.
Question is why did you invest in the first place. Unless you link your needs with a specific goal no advice can be given.
Time duration of investment is linked not with profit or loss but with needs.
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