Widely read:
I invested in the dividend plan of a tax-saving fund a few years back. It has completed the mandatory lock-in period of three years. What should I do with that investment now?
- Rohit
It depends. If you need the money, take the money out. But equity investments are long-term investments. Also, you should have not chosen the dividend plan. You would have got some smaller dividend over a period of time and it would have just been spent. You may not have done something meaningful out of it. Just compare your investment if you would have done it and not chosen to take the dividend periodically, how much the investment would have been now. You will get to know the difference.
Choosing to get out of this investment or not entirely depends on your decision whether it is a good investment. If this tax-saving fund remains a good tax-saving fund, stay invested.
This article was originally published on February 03, 2020.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
For grievances: [email protected]
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
