I have invested ₹1000 in Morgan Stanley in 1994 and now it is merged with HDFC asset management mutual fund. Can I hold it or sell it? What is the current price?

Yes, you can hold or sell your Morgan Stanley mutual fund units now that it has been merged with HDFC Asset Management. The current price of HDFC Asset Management’s Morgan Stanley fund is ₹12.35 per unit.

If you decide to sell your units, you can do so through a stockbroker or directly through HDFC Asset Management. When you sell your units, you will receive the current market price per unit, minus any fees that may be charged by your broker or HDFC Asset Management.

If you decide to hold your units, you will continue to earn income from the fund’s investments. You will also be able to participate in any capital appreciation that the fund may experience in the future.

The decision of whether to hold or sell your Morgan Stanley mutual fund units is a personal one. You should consider your individual financial situation and investment goals before making a decision.

Here are some factors to consider when making your decision:

  • Your investment goals: Are you investing for the long term or the short term? If you are investing for the long term, you may be better off holding your units, as you are more likely to benefit from capital appreciation. If you are investing for the short term, you may want to sell your units if you believe that the fund’s performance will decline in the near future.
  • Your risk tolerance: How much risk are you comfortable with? If you are risk-averse, you may want to sell your units, as the fund’s performance may be volatile in the future. If you are more risk-tolerant, you may be willing to hold your units, as you believe that the fund’s long-term performance will be positive.
  • Your time horizon: When do you need the money? If you need the money in the near future, you may want to sell your units, as you may not be able to get your money out of the fund if the market is down. If you do not need the money in the near future, you may be better off holding your units, as you will have more time to ride out any market fluctuations.

Please take the decision of whether to hold or sell your Morgan Stanley mutual fund units after carefully considering your individual financial situation and investment goals before making a decision.

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