POSTED BY August 2, 2013 3:35 pm COMMENTS (12)ON
Don’t they say ” Don’s sleep over your investments in MF but review quaterly, and if the MF performs consistantly bad, then its time to move-on” ?
Its performamnce has been average or below average consistantly for last 3 years. I don’t bother about the absolute returns (knowing fully well that the equity hasn’t performed too well in last 3 years, but what bothers me is that Top 200 ‘s rank among peers has been towards the trailing end as far as the last 1 year, 2 year and 3 year performamnce is concerned. Far more Nos. of funds have done better that Top200 and few have done worse that it.
(Source -Moneycontrol. Moneycontrol now views it as ‘below average’ and advises to exist).
My question – is 3 years’ non-performmance can be considered a constant non-performamnce? Should an exist be considered now? If no, for how much more time shall I keep on watching it?