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Ramalingam

Ramalingam Kalirajan  |6986 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Yogendra Question by Yogendra on Jul 13, 2023Hindi
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Dear Money guru, I have invested Rs 2 Lakhs in Kotak Global Innovation Fund of Fund Growth (Regular Plan), with NAV of Rs 10. It is now over a year, and NAV has not crossed even 8.5. What do you suggest? Should I redeem of wait. Your advise will be highly appreciated. Thank you very much!

Ans: please remember that investment decisions should be made based on your individual financial goals, risk tolerance, and the specific details of your investment portfolio. Here are a few points to consider:

Review Fund Performance: Assess the performance of the Kotak Global Innovation Fund against its benchmark and peers in the same category. Evaluate its performance over different time periods to get a clearer picture.

Understand Reasons for Underperformance: Research and understand the reasons behind the fund's underperformance. Factors such as market conditions, sectoral performance, and fund manager strategy could all play a role.

Long-Term Perspective: If your investment horizon is long-term and you believe in the potential of the fund's investment theme, you may consider holding onto your investment despite short-term fluctuations.

Seek Professional Advice: Consult a financial advisor or investment expert who can provide personalized advice based on your financial situation and investment objectives.

Diversification: Review your overall investment portfolio to ensure it is well-diversified across different asset classes and investment themes to mitigate risk.

Exit Strategy: If you are dissatisfied with the fund's performance and it no longer aligns with your investment goals, consider redeeming your investment and reallocating it to other investment avenues.

Ultimately, the decision to redeem or hold onto your investment in the Kotak Global Innovation Fund depends on your assessment of its performance, your risk tolerance, and your long-term investment objectives.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Help me!!! 1.I'm starting new "work" on my own(challenging for me) but my mind says quit it, be quite & do nothing. I myself don't know that wether the result of work will be +ive or uncompleted like alws. 2. My mind has become like order seeker type, when someone orders me, I do those things with dedicated(but sad from inside) manner. But when myself will try something different(which i fear, but necessary) then. "I QUITS IT" & sometimes I don't even start. 3. I'm like stuck no clue what/whom I want to do in life, I'm in cllg(1 yr) doing (CSE) ,. 4. I want to do/try (sports,talking girls,study,stocks,coding..) many things, but myself, my thoughts(overthinker), R like just be in the place where u are[confused,po*n,think about past/future(being billio..re,olympics..), girl (that u liked & never talked), abusive/beating self,.. sometimes feels like end life, but don't hv courage for that also.. 5. I tried self help books, spirituality, god, self affirmation, writing... & thay affected me(sometimes) but for only some time, then again that devil me comes up &these things never get completed. As no one in my family knows about all these, so that's Y ,I hv to fight/loose/try again, the battles with myself.
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- What is the reason for putting off things?
- What comes first to the mind when you start something new?
Also, focus on one thing at a time; study and go deep into it...what's this thing with work? I don't understand. When the mind is unsettled, take one thing/activity, pursue it and finish it. It could simply be studying for Year 1 of your college...just only do that...once your mind is trained in completing an activity, you can add another one the next year along with studying and then pursue both...it could be some sport and studying...then the next year, you could add a third activity. This is called 'training the mind in discipline'. Discipline will make sure that you start and finish things...So, go slow and do one thing at a time.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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