2. Takeover Details by Fund Houses
Vivek Rege of VR Wealth Advisors, says, "Do not get influenced by short-term performance of the scheme, which could lead you to a wrong conclusion. Investors should only take a call after considering the consistent performance of the fund over several quarters." He says that investing for a very long period of time might jeopardize the sole purpose of monitoring the MF. This is so because there is no point staying with a decaying firm for months as it wastes your time and money. He further says not to monitor any MF for over 8 months, if it’s performing poorly.
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