Say if I am investing in a Mutual Fund with a planning to continue the SIP for 20 years with 3000 per month and increment it by 10% each year, but after 5 years the Mutual Fund starts to suffer heavy loss and I withdraw my money seeing this situation. Now If I start investing in a new mutual with Rs.5,314.68 monthly (since my 3000 with 10% increment per year will now be this amount) and increment it also by 10% per year for next 15 years will I get the same profit as if i continued to invest in the same mutual fund for 20 years? My profit will be decrease right? since I am starting all new? What to do in these scenarios? Can I invest the money that I have obtained after 5 years from that initial mutual fund to my new mutual fund and then start SIP on that? Is this even possible?

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.