I invested in Sundaram Energy Opportunities in January 2008. I have lost heavily and today, am unable to figure out the fund’s performance. Please help.
Mukul Sinha, Patna
The objective of this fund when it was launched in December 2007 was to generate capital appreciation by investing in shares of energy and energy related companies, which slotted it into the thematic fund category. Naturally, the risks associated with such funds are immense. If this was your only investment, it was not the best fund to start investing with. The fortunes of a thematic fund runs on the success of the theme panning out, which did not happen with this fund. The fund merged with Sundaram Infrastructure Advantage Fund in 2014 after necessary approvals from the regulator. If you are looking for how the fund has actually fared, you should check the performance of this scheme. We suggest you cut your losses and instead invest in a broad diversified fund category from the OLM Elite list, depending on what kind of investor you see yourself as. Moreover, when investing in broad equity diversified funds; you should consider investing through SIPs and not make lump sum investments.
