Can I move my investment from old to new funds in lumpsum?
Dhirendra Kumar advises on which route to take for shifting investments from old to new funds
Feb 28, 2019
I plan to reduce the number of funds in my portfolio from nine to five. Should I move my investments from old funds to new funds in lumpsum or should I do it through SIP?
If you have decided on where to concentrate your investments, you can move in lumpsum. The whole idea of investing in equity in a staggered way is to reduce the risk of catching a market high. But you have already taken the market exposure so the risk has already been catered. The only thing you will have to do is to re-set your mind to this decision.