I have following mutual fund investment
- Edelweiss ASEAN Equity Off-shore Fund - Direct Plan Growth
- Edelweiss Emerging Markets Opportunities Equity Off-shore Fund - Direct Plan Growth
- Edelweiss Greater ChiNA Equity Off-shore Fund - Direct Plan Growth
Right now…I am loosing money if I sell them …should I hold them? or what?
are they going to bring at least my investment back?
I have invested in this mutual fund and I am loosing money if I sell it now…
DSP World Mining Fund - Direct Plan - Growth
What should I do ? book the loss and move on or hold on to it for more time?
if more time …how much time?
Hmmm, pretty exotic choice of funds. What was the reason you choose to invest in these funds? If the reason still holds true then you can continue holding these funds.
You need conviction to invest in the markets, if not then I’m afraid you’ll be terribly dissatisfied with the resultant returns.
Having said that, it’s better if you consult your financial advisor rather than asking for returns on a public forum. I’ll tell you this much, if you don’t have the patience needed and the stomach to watch your portfolio value drop by 50%, you are better off investing in fixed income.