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.