For how long one should hold a non performing mid and small cap?
You should not hold any non performing fund irrespective of any fund category. Once you identify that the fund is non-performing, immediately redeem the fund and invest the redemption proceeds in a good performing fund.
Shifting your investments from a non-performing fund to a performing fund will get much better results in future than holding onto the non-performing fund in anticipation of its future good performance.
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