POSTED BY January 24, 2014 12:14 pm COMMENTS (14)
ONDear friends,
I was running SIP of 2K each in canara robeco balanced and equity diversified funds since 1.5 years and then stopped for few months in between. Now i am planning to restart them. The agent says i shall switch to ICICI Pru balanced advantage fund from canara robeco balanced. Kindly help in deciding.
thanks
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Dear Waris, thanks for the confidence shown in your own investent. Please do not question your own choices every now and then. Relax. Any market linked product can not perform in a straight upward line. it ‘ll be a multiple curves line but over all direction ‘ll upward. 🙂
Thanks
Ashal
The link has given me confidence to continue with the fund. thanks.
thanks for the link.
Dear Waris, based upon this data from VROL, the Canara fund is performing OK.
valueresearchonline. com/funds/fundperformance.asp?schemecode=75
Now it’s up to you to decide.
Thanks
Ashal
Is the fund really underperforming ?
Dear Waris, the fund in question is not performing so you want to switch. As you are switching due to non performance of the fund, whole money should be redeemed at once and invested in a single shot in the next target fund.
Thanks
Ashal
dear ashal,
could you elaborate a little on the same.
Dear Waris, switch in full from one fund to another fund.
Thanks
Ashal
I cant say. Thats why i am asking this question .Is this fund underperforming?
Dear Waris, switch if you are not happy with your existing fund.
Thanks
Ashal
is it ok to switch or not.
Dear Waris, whart is the guarantee that IPru ‘ll keep performing and Canara ‘ll keep underperforming? Even if you want to switch, please invest in direct plan of the fund in question.
Thanks
Ashal
Dear Ashal,
He says ICICI pru balanced is performing better than Canara balanced.I have an online account with Canara robeco but they dont have SIP facility . we can only do single transaction at a time.
Dear Waris, why the agent is saying so? Why are you not investing direclty now?
thanks
Ashal