Monday, November 21, 2016

Discontinuing SIP of a bad Performing Mutual Fund

 
Invest Top SIP Funds Online

 

You can discontinue your Systematic Investment Plan (SIP) and hold on to your investments as long as you want

 

You can discontinue your Systematic Investment Plan (SIP) and hold on to your investments as long as you want. The AMC will not charge you any 'additional' fee for this.

Having said that stopping investment in a poorly-performing scheme and leaving the investment in for some more time may not help you to earn more returns from it.

We typically ask investors to leave a fund if it performs badly vis-a-vis its benchmark and category continuously for a year or more. In such a scenario, we ask investors to stop their investments it and shift their existing investments in it to a better performing fund in the same category.

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