What should I do with ICICI Pru Equity & Debt Fund?

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I have invested in ICICI Prudential Equity & Debt Fund on 27/11/2017. The NAV was Rs 25.87 at that time, now it is Rs 21.90. Please tell me what to do.
--Rahul Garg


You have chosen a good scheme. ICICI Prudential Equity & Debt Fund is an aggressive hybrid scheme that has a consistent performance record. Most hybrid schemes have been performing poorly in the last one year. However, they have given very good returns in five- and 10-year periods. You shouldn’t be bothered about short-term performance of equity schemes, including aggressive hybrid schemes that invest 65 per cent of the corpus in equity. Hold on to your investments for at least five years for good returns. In fact, we ask investors to choose aggressive hybrid schemes only if they have an investment horizon of five to seven years.
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