Dhirendra Kumar tells whether you should increase your SIP amount or start a new one
I want to increase my monthly investment in the same fund. Should I increase my SIP amount or create a separate one?
- Anil Chaudhary
It doesn't matter really. Technically, there is absolutely no difference. You can just increase the amount or initiate a new account in the same portfolio. The tax implications in both cases are the same.
This article was originally published on February 16, 2018.
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