Should I continue my SIP in Birla Sun Life MNC Fund or change it

Can you advise me for a SIP of around 15 years Horizon? I also would need your advise on, I have a running SIP of Birla Sun Life MNC Fund (Folio No 1016809619), I guess I am booking losses in this. Can you Please advise?

Dec 15, 2016 by Yogesh Shirole, Mumbai  |   Mutual Fund

We have already replied yesterday to the first part of your query. Please check here https://www.advisorkhoj.com/post-your-queries...

With regards to your query about SIP in Birla Sun Life MNC Fund, you have not mentioned when you started the SIP.

However, please note that Birla Sun Life MNC Fund is a top performing thematic fund ideally suited for high risk takers. If you are able to take high risk for the long term then you should continue with this fund. If your risk taking ability is not that high then you can switch to Birla Sun Life Frontline equity Fund (a large cap fund) or Birla Sun Life Equity Fund (a diversified equity fund).

The long term performance of Birla Sun Life MNC fund has been quite impressive with returns of 16.82%, 24.18% and 26.89%, for 10 years, 5 years and 3 years periods respectively. It has also beaten the benchmark, NIFTY MNC, returns with a good margin.

Hope the above helps you to decide whether to continue with the fund or switch to some other category of funds.

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