Dear Sir,
I have invested lumsum in Birla short term Debt fund, HDFC Med term opp. fund ,Birla floating rate long term & Franklin Low duration fund. Now this more than 8 months. All these funds are performing poor with XIRR less than 2%. I am expecting at least 6 to 7% return. Pl. guide me whether I should continue with these funds or Redeem the investment.
1 Answers
Hi,
I believe that short term debt funds or medium term debt funds should ideally be held for at least around 2 years to get decent returns.
Kindly go through this article ...
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