Advice Needed on PGINVIT

Advice Needed on PGINVIT

Bought PowerGridInvit (PGVIT) a couple years ago at 126. Since then, it has dropped to 100.09 at close today (that’s a 20% decrease in value). While I understand that as a financial instrument, an INVIT is fairly new to the Indian market and carries some risk, but wasn’t expecting this steep slide. The quarterly interest of 8-9% is ok, but I’m worried. Should I cut my losses and sell?


View on r/IndianStockMarket by swan72022


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