ICICI Pru Infrastructure Fund

#1
Dear financial gurus,

ICICI Pru Infrastructure fund was rated as 5* by several financial portals. Without going any deeper [which, in any case, I am unable to] I invested in the fund. Currently this fund constitute 30% of my portfolio. However, the fund is not doing well for the last 6-8 months. It is giving far lower than the average category.

Kindly advise whether I should stay put in the fund in the hope that it may change inthe coming days/months. Or should I redeem and look for some other fund?

Kindly help. Thanks in advance.

kaushal
 

yodlee99

Active Member
#2
I guess you have to wait on any infrastructure related fund (not just ICICI Pru Infra) for 2-3 years before you can see the results. Earlier, the performance was good, but now ICICI Pru Infra has toned down of late. If you have the patience and if you don't want the money in the next 2-3 yrs time, sit on it without looking at it. If not, you can switch into ICICI Pru Dynamic or Discovery.