Advice on ICICI MF focussed bluechip fund

[dude99]

Guys as you know ICICI focused bluechip once ranked in top 5 among large cap funds now is more than 100th rank(moneycontrol). Hence I am now in a dilemma to whether invest in the fund further, switch my already invested fund to some other largecap fund or start investing in other fund & let the already invested fund in this one.. Kindly advise me..

 

[smrtnvstr]

I also have SIPs going in this fund. These are volatile times and I do not want to make changes to my long term portfolio as yet. I am going to wait and watch. I even made additional purchase in this fund to lower my average cost.

My view is that a large cap fund which has been performing well for long periods of time will not go bad suddenly unless there is a major change in strategy or change of fund manager. Keep the SIPs going and when the market starts moving up you will see the results.

Of course, I could be wrong.
Happy Investing:clap:

 

[celebr]

Has the fund manager changed ? If not, then dont switch

 

[TracerBullet]

Perfrormance should be evaluated over long periods. Anyway see here