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Investments And Goals

An exit from a good fund should depend on achievement of goal else, stay put

 

I have been investing in the Fidelity Equity Growth Fund. I have been investing in it for the last two years and have got a 30 per cent return. My SIP has ended recently. Shall I continue or take the money out?

This is an open-ended fund and therefore, you can pull out at any time. But basically, pulling out your money from a good fund is largely guided by the need for that money for consumption. If you need to consume it, by all means, take it out, otherwise Fidelity Equity has proven to be an above-average fund.

The best way to derive benefits from an equity fund is to invest regularly through all kinds of market conditions. 

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