I've invested in "Nippon India Large Cap mutual Fund Direct Growth". The condition of the fund is really poor. I've lost 31% till now. Should I continue my SIPs or should I withdraw?
- Alok | 169 days ago
- AAkshit Girhotra166 days ago
Some funds in the Large-cap category of equity mutual funds have also seen similar falls in their NAVs. Our advice is to stay invested in the equity markets. Equities tend to be highly volatile. However, in the long-term they average out. One can expect the markets to start recovering once a cure or a vaccine is made for the virus. This would surely have a positive effect on your fund as well.
Based on your tax profile and the exit load applicability of the fund you could however consid...Read More