POSTED BY February 16, 2012 3:11 pm COMMENTS (2)ON
I wanted to discuss this situation in mutual funds. Lets say, we invest in some good Mutual Fund which has good track record and which may be from any of the categories like ELSS, Diversified, Sectorial, etc. For instance HDFC TOP 200, Reliance Growth, Reliance Diversified power sector, etc.
If you have SIP in these funds, then
1) How will i know that it is time to exit the Mutual Funds because they are not performing well. How will i know they are not performing well ?
2) Lets say i have accumulated 5 Lacs in SIP in one MF for few years and now its time to exit, then what should be my strategy ? Should i sell all units from bad performing MF and invest the entire proceeds at one go in good MF at that point?
3) What is your current view on Reliance Diversified Power Fund ?