Ramakanta 5129 - Rediff Gurus

I am having these following investments. I invested Rs 15 lakh in one go six months back. I need this money back after 3-4 months. Could you kindly advise what should I do now as it is going at a total loss of Rs 1.05 lakh as on date? Shall be highly obliged for your kind guidance.

Folio Number	Scheme Name	Units	Amount Invested	Market Value	Average Purchase NAV	Current NAV	Dividend	Unrealized G/L	IRR
11773387	PARAG PARIKH FLEXI CAP FUND - REGULAR GROWTH( equity flexi cap)	5766.159	299985.00	277368.00	52.03	48.10	0.00	-22617.00	-18.87 per cent
19934334374	CANARA ROBECO BLUECHIP EQUITY FUND - GROWTH( Equity Large Cap)	6948.923	299985.00	278721.00	43.17	40.11	0.00	-21264.00	-17.38 per cent
79949636772	MIRAE ASSET LARGE CAP FUND - REGULAR - GROWTH PLAN( Equity Large Cap)	3670.574	299985.00	282260.00	81.73	76.90	0.00	-17725.00	-14.83 per cent
910135 213304	AXIS MID CAP FUND - GROWTH PLAN( Equity Mid Cap)	4134.303	299985.00	274476.00	72.56	66.39	0.00	-25509.00	-19.83 per cent
19997034/03	ICICI PRUDENTIAL MULTICAP FUND - REGULAR PLAN - GROWTH(Equity Multi Cap fund)	640.364	299985.00	281203.00	468.46	439.13	0.00	-18782.00	-15.67 per cent

Ans: Never invest in equity schemes if the horizon is short. If not necessary, kindly do not redeem. All the funds are good, however, the markets are in correction mode.

Please follow these house rules for investing in MFs if your investment horizon is between:

1 and 3 years: Take short term debt funds
3 and 5 years: Hybrid Funds
5 years and above: Equity funds

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