Should I stay invested or exit these mutual funds?

I have invested in Edelweiss Greater China Equity Off-Shore Fund and Edelweiss US Technology Equity FoF. I have invested Rs 2 lakh in both the schemes. It is making losses. Should I remain invested or exit?
–Rajiv Menon

You are investing in two international funds that invest in the overseas market. One scheme invests in companies operating in the Greater China region, while the other invests in technology companies based in the US. The equity market – both global and domestic – is going through testing times. Global market is facing the threat of unprecedented inflation, steeper rate hikes, recession, etc. These factors are likely to weigh on the market for some time. If you are investing in these schemes as part of your overall asset allocation, you may continue to hold/invest in them.

Leave a Reply

Your email address will not be published. Required fields are marked *