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Should I get out of Aditya Birla Sun Life Banking & Financial Services Fund?

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ET Online|
Oct 11, 2019, 03.54 PM IST
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I have invested a lumpsum in Aditya Birla Sun Life Banking & Financial Services Fund 2.5 years ago. I have got 47 per cent returns till date. Should I change the fund or stay invested?
--Mohit Panwar

Puneet Oberoi, Founder, Excellent Investment Advisors, responds:

You have not mentioned how much you are investing in this fund and what is your risk profile.

Banking sector is a growing sector, but it might be volatile. We normally ask retail investors to stay away from sector funds, unless they have knowledge about the sector.

If you want to bet on the banking sector, you should stay invested for the long term.
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