Need A Financial Product Forums Trading/Investments Need replacement for SBI Magnum Tax Gain Scheme

This topic contains 1 reply, has 2 voices, and was last updated by  Maulik Sheth 3 years, 1 month ago.

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  • #47952

    Maulik Sheth
    Member

    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.

    #47953

    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?

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