Need replacement for SBI Magnum Tax Gain Scheme

[samkapoor77]

I have invested Rs. 1, 50,000 in SBI Magnum Tax Gain Scheme and Rs. 25,000 in HDFC Top 200. I am also investing a SIP of Rs. 2,000 monthly in SBI Emerging Business Fund. I am finding it risky to keep a huge amount in SBI Tax Gain Scheme owing to its performance over last year. Please suggest a mutual fund for a long term investment with good returns.

[samkapoor77]

Don’t judge performance of fund by looking at its one year performance only. If still you want to switch, then why don’t you switch the money to SBI Emerging Business Fund?

[Author]

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