While there is no right or wrong answers simply because it depends on a number of factors like your Risk Profile, Your other investments, et al.
The Fund's performance for the past 4-6 quarters has been pretty insipid and has been panned by many investors. True.
|Courtesy : Morningstar
KEY DATA POINTS FROM HDFC EQUITY PERFORMANCE :
Invested Amount = Rs.51, 000
MORE THAN DOUBLE!
Not only he would have gained profit, it would have been a good decent appreciation.
By the way, for your information, the NAV of HDFC EQUITY FUND is today Rs.443 and the CAGR for those who have stayed invested since the NFO is 19.78% TAX FREE!!
What I am trying to say is...if you have started in a fund with a Long Term view, then please do stay invested.
A Fund's space in your portfolio Depends on many factors like