Should I continue investment in ICICI Prudential Value Discovery Fund

Please read the following thread in which we have given our reply to the same query -

https://www.advisorkhoj.com/post-your-queries...

We will further add, that -

1. We should not analyse or criticize stock selection of the fund manager, If one is expert in stock analysis or stock picking then one should not invest in mutual funds and rather invest in equities directly. If we have reposed confidence in the fund manager by investing in the fund then we should continue to have faith in his ability and watch the performance of the fund for some time to come.

2. The Fund Manager, Mrinal Singh is a veteran fund manager and we should give him some time to enhance the performance of ICICI Prudential Value Discovery Fund.

3. There is no established fact that large AUM is a hindrance to scheme performance.

4. If you feel less confident then of course, being an investor you are free to redeem any fund any time and invest in other funds of your choice. However, our view is one should continue with the investments given its long term performance record and the fund managers track record and ability to deliver alpha for the investors.

Thanks for writing to Advisorkhoj.