Need advice regarding HDFC Top 200 (Growth)

[ankit_203]

Hi All

I am having around 230 units of HDFC Top 200 (Growth). I am putting in 1500/- in it.
Currently, I can see that its giving me around 4000/- profit.
After an year, its giving me such a good profit.

Would you suggest me to go ahead and sell few units to take profit and leave rest of units as it is ?

Thanks.

 

[rjks]

Can you explain your query a bit more? I am not able to understand? Did u purchase those units by paying Rs. 1500 or you are in SIP of Rs. 1500? If you have invested as one go for 230 units then you can go ahead and take profit, if u are in SIP then i would suggest you to continue...

 

[Subhadip]

:thumb::clap:

Ankit,

My thoughts,


Don't use MF as trading vehicle, look at it from long term perspective.
Use Dividend payout option to lock-in profits at regular interval.

My suggestion would be not to sell unless you need that cash for better purpose. If you do sell, you need to consider the exit load & income-tax liabilities, if the holding period is less then 1 year.

Regards,