The recent probe by SEBI on the under performance of Mutual funds has created a lot of buzz in the industry. So what it means to the investor? Should he/she sell, or continue to hold underperforming fund. For long term investing, it becomes imperative for the investors to choose their fund prudently and not get bother by short term volatility.
Radhika Gupta of Forefront Capital recommends investors to diversify their portfolio in large cap, mid cap and gold funds to achieve set corpus goals. Her recommendations are Franklin India Bluechip in the large cap sector, IDFC Premier in the mid cap sector and Reliance Gold fund in gold.
Harsh Roongta of apnapaisa.com answered investor queries on CNBC-TV18 about personal finance. Check out his comments.