What should I do as I have stopped my SIPs

I have stopped SIP in one of my mutual fund as it has been under-performing for last 2-3 years. Please suggest how can I use the money invested in that fund. Should I put lump sum in another fund?

Aug 23, 2017 by Kulvinder Singh, New Delhi  |   Mutual Fund

You can redeem the SIP investment which you have stopped due to under performance and invest the lump sum amount in any other good performing mutual fund scheme. You can also restart the SIP in the new scheme.

This will not only ensure that you get good return on the accumulated amount but also restart the regular savings that you have making through the old SIP.

Please refer this link to select top performing funds - https://www.advisorkhoj.com/mutual-funds...

Thanks for writing to Advisorkhoj.

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