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Don’t Redeem Now

The markets haven’t seen any major upside in the past 4 years. Don’t redeem long-term investments now…

I had invested in Birla Sun Life Tax Relief 96 and SBI Magnum Tax Gain around 4 years back. Should I continue investing in them now or redeem?
-Ankur

You probably won't be facing heavy losses in these investments. The markets haven’t seen any major upside in the past 4 years. Hence, we believe that you should continue investing in them for another couple of years, because the current period is an inappropriate time to redeem your long-term investments.



This article was originally published on June 11, 2012.

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