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I am investing in icici dynamic fund by sip.it is not performing for last few months. should i exit or not?


I am investing in icici dynamic fund by sip.it is not performing for last few months. should i exit or not?

beware !!!!! dont do that mistake as the market is running down each and every mf is facing loss even the big star holders what u can do at this moment that in which u hav got the max loss invest more in that so that while recovering u will recover the losses

You should wait at least for one year before you make any decision of exitting.Mutual funds show you good returns only in the long run.

Instead of switching or coming out of this fund, why don't you try for another fund/scheme. you may try for schemes in Tata MF, Franklin Tempalton India, fidility,etc.
Long term investment is necessary in MF.

generally mutual funds give good returns in long term like 2 -3 years. short term perspective is NOT ADVISABLE.
last three months, market had no definite direction.
anyway see the portfolio of the fund and fund distribution(this you can ask your broker ) decide accordingly.

chk it on dlngroup.com

more on my blog

ICICI Prudential Dynamic Plan is not the worst fund to do a SIP though it's not really in the top ten diversified funds usually opted for SIP. If you have started SIP less than six months ago and want to go long term with SIP, I would recommend to stop this and go for something like Reliance Vision, HDFC Equity Fund, Reliance Growth Fund etc.

If you see the past performance of this fund you will see that it has underperformed many other good funds in this category. Personally I don't believe that ICICI Pru has the best fund managers in the industry compared to what HDFC, Reliance, SBI etc have.

Ajith

exit now. buy shares when markets dip.

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