I have Rs 2,000 SIP investments in HDFC Equity and ICICI Discovery. Should I continue investments in these funds in this current scenario or exit and invest in some other fund?
- Sibasish Nandi
| ||||||||||||||||||||||||||||||||||||||||||||||||
Both the funds that you have invested have a proven track record and investment and there is no need for you to exit these funds because of the market movements, especially when you plan to invest the sum that you redeem from this investment. When you invest through SIPs you get the benefit of regular investments over market cycles which average your acquisition cost and helps in long-term wealth creation. You should continue investing in these funds.
This article was originally published on September 14, 2011.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
