I have been investing ₹1,000 each in Franklin India Flexicap and Franklin India Prima Plus for the past 5-6 years. I intend to invest for 15 years. The current value of my investments, are up by around ₹60,000. Should I redeem now?
-Pitambar Roy
You're experiencing the benefit of investing systematically even through the lean times. The markets haven't done substantially well over the past 5 years, and yet your investments have earned you a good profit. This is because you've invested systematically in good funds. Since you're investing for 15 years, don't redeem now. Continue investing.
This article was originally published on May 30, 2014.