Sir I am salaried with 7L income slab . I prefer to switch from LIC investment to 5000/month SIP in Axis long term equity ELSS mutual fund for tax savings, I am ready to take risk as I know lic return is not good for long term(15 years), your thoughts??
Timing the exit? For this one Need to track the market regularly, many people not having time or not sparing time to track, they just invest on salesman advice and waiting for good returns
மீண்டும் நெத்தியடி பதிவு!! Mutual fund போதையில் இருந்து மீள இதைவிட எளிமையாக இதுவரை கேள்விப்படவில்லை!!
sir where are you from?
index fund nifty ,nifty next 50 sip pannalama
Sir..one humble request. Please try to post the upcoming videos in tamil also. Thankyou.
When you say, we should book profits, is there a recommend number of units (percentage wise) we should withdraw from the SIP?
That depends on the goal and asset allocation
Pls guide the importance of the monthly portfolio shared by mutual funds what exactly investor has to decode the data
Semma vaadhiyaare...
You are told 100% correct.
Sir I am salaried with 7L income slab . I prefer to switch from LIC investment to 5000/month SIP in Axis long term equity ELSS mutual fund for tax savings, I am ready to take risk as I know lic return is not good for long term(15 years), your thoughts??
Timing the exit? For this one Need to track the market regularly, many people not having time or not sparing time to track, they just invest on salesman advice and waiting for good returns
You have completely misunderstood what I said
What I understand is: when the returns are like 20 percent or above atleast move the profits you got to safe instruments
So you need to keenly observe your investments rather than the entire market.. I agree this is quite difficult to do given the greedy nature of man 🙂
Market has given great returns like above 20% only 2 to 3 times in last 10 years,book profit at the time
Or else do rebalancing once a year
Sir I have doubt, if I see profits should i redeem all the units or only profits?
You can never redeem only profits in stocks or mfs :)
I'm confused as to why this was recomend to me