IDFC Premier Equity FundNo. of comments:1 Joseph L, Chennai, trivia On 28-Sep-2015I am an investor in the said fund. Actually through the SIP route. Recently the fund manager ,Kenneth Andrade left. There have been reports that this could affect the performance of the fund . Further the replacement was moved to Hongkong. I have checked the performance on 3 yr,5 yr and 7yr ,it is under performing peers by huge margins although beating benchmark.
1. Do you suggest I stop the SIP and wait or move to another fund ?
2. Rivals like FT smaller cos.Fund & DSP micro cap have better performance. Should I shift to one of these or any other you recommend
3. Portfolio allocation is different for all 3 funds. Premier equity has larger allocation to mid cap but the other 2 funds are more skewed towards small cap.So therefore is it a fair comparison ?
Kindly help me out