When should you sell your mutual fund investments? Experts weigh in.
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, described moving money to safer options two to three years before a goal, urged not selling in haste when a fund manager changes, and suggested redirecting new instalments to restore asset allocation instead of selling.
More of Abhishek's views on mutual funds
Mint asks advisers and a distributor when it makes sense to sell mutual fund investments. Reasons discussed include reaching or nearing a goal, tax gain and loss harvesting around the ₹1.25 lakh yearly exemption on equity gains, sustained underperformance against a benchmark, changes in a fund's manager or mandate, warning signs in debt funds, and rebalancing a portfolio. It includes comments from Abhishek Kumar.
Publisher source
When should you sell your mutual fund investments? Experts weigh in.
