AIG Indian Equity Fund has proved to be an average fund so far. It has declined just as much as most other equity funds and participated reasonably in the equity funds. If the investor is getting concerned about the news about AIG, I don’t think there is any concern on that front.
On a standalone basis, if the investor is evaluating the fund it is a one-year fund. It is little premature, one-year time is not enough to take a call on a fund but there is no problem in moving out. Investor can consider moving out to a proven fund with a reasonable and superior history.
(Source: value research)
Mutual Fund News update from Nishit Doshi (9824021680) a leading MF Advisor based in Ahmedabad. Gujarat.
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