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Should I now invest in PSU Funds which lost more than 40% in last 3 yrs !

Many PSU stocks’ price have gone down recent days and there PSU Stocks based funds (eg SBI PSU FUND) that lost 40% in last 3 years.

Is it wise to invest lump sum in one of these funds and wait for long term (say 7 years) ?

Portfolio of SBI PSU fund:

www.moneycontrol.com/india/mutualfunds/mfinfo/portfolio_holdings/MSB222

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