Current value has gone down by more than 50%.
I invested in various open ended diversified equity mutual fund schemes about amore than a year ago. Its current value has gone down by more than 50% by now.
What should I do? Please advice.
Printable View
Current value has gone down by more than 50%.
I invested in various open ended diversified equity mutual fund schemes about amore than a year ago. Its current value has gone down by more than 50% by now.
What should I do? Please advice.
Consider yourself lucky, that its still at 50% down. Don't watch it everyday. You have planted the seed, which I guess is important, give it some time, let the investment mature. Be patient, life is still is good and will rock in the coming years. And also always invest thru SIP.