Looking at the current market situation should I feel sad that my SIP portfolio's overall gain has come down from 25% in sept 2010 to 8% in feb 2011 or should I be happy that I am getting more no. of units right now for same amount of money. I am confused.
Since you are going through the SIP route, you must be smart. Plus point to that.
Now, via SIP, generally people have long term goals, like childrens education, retirement planning, or childrens marriage, etc.
If this is the case in your SIP, then it does not matter, as you are in it for more than 10 years plus, and the markets even sout your entry.
If you are in for 2 to 5 years, then also, I doubt it would make a big dent, unless there is a bear cycle at or near the end of your investment horizon.
So, stay invested, stay happy, and pat yourself on the back for being a sensible investor.