I invested Rs 1 lakh each in ICICI Prudential Equity & Debt Fund and Aditya Birla Sun Life Equity Hybrid Fund, in October 2017. How are these funds? No growth in 15 months. Should I continue or switch?
--Zeeshan Haq

Puneet Oberoi, Founder, Excellent Investment Advisors, responds:

Both of your schemes are good hybrid funds. Equity is volatile by nature, moreover in the last one year, market has corrected a lot. This is why equity schemes are not offering great returns. However, your schemes might have gone down lesser than the pure equity schemes because of the debt cushion in hybrid funds. I am assuming you invested in thee schemes with an investment horizon of around five years. Stay the course. You will get good results.