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Wrong Time to Redeem

Now is not the right time to redeem your fund investments. Stay invested if you don’t need the money…

I have been investing in HDFC Equity via SIPs. The current value of my holdings is around Rs 10 lakh. I want to discontinue with this investment now. Where should I move my money?
- Dhananjay

If you don't need the money, now is not the right time to redeem your investments. Don't take your money out if you're disappointed with the way the markets are performing. HDFC Equity is a good fund, and you should at least keep your invested money in the fund, even if you don't invest any more.





This article was originally published on August 20, 2012.

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