Should I continue my SIP in Birla Sun Life MNC Fund

I am doing SIP of Rs. 2000 from last one year in Birla Sun Life MNC Fund - Regular Growth. The performance of this fund in current time is not good. Should we continue in this Scheme?

Dec 7, 2016 by Niranjan Lal Gupta, Allahabad | Mutual Fund

Please note that Birla Sun Life MNC Fund has a long track record of wealth creation for the investors. We reviewed this fund sometime back which you may find useful https://www.advisorkhoj.com/articles/Mutual-Funds...

Please also note that, Birla Sun Life MNC Fund is a thematic fund and ideal for investors with high risk taking capacity. If you feel that your risk taking appetite is not that high then you might consider switching your investment in Birla Sun LIfe Frontline Equity Fund (a large cap fund) or Birla Sun Life Equity Fund (a diversified equity fund).

Doing SIP in diversified equity funds or large cap funds is ideal for investors with moderate to moderately high risk taking capacity.

Please also note that 12 months is too short a period to judge returns on your SIP investment irrespective of any fund.

Hope the above helps. Thanks for writing to Advisorkhoj

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