Investors should sell fund if it fails to meet basic objectives
The investors should purchase/sell funds solely on the basis of their long-term financial goal. First, if a fund's performance deteriorates over several quarters, investors should consider selling it in favor of another fund that shows better results and second, understanding the forces that drive the performance of mutual funds.
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Political uncertainties put to rest, bulls surge ahead
Ignoring political uncertainties, lack of institutional participation and a greater degree of volatility, the BSE-30 sensitivity index closed on a positive note at 4,189.81, recording a net gain of 64 points, against its previous week's close of 4,125.81 registered on July 18.
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