Does it make sense to lock in the profit as there will not be any exit load and no long term cap gain tax by selling the funds that I have held over one year? The MFs are:
DSPBR Equity
HDFC Top 200
IDFC Premier Equity Plan A
Reliance Reg Savings - Equity
All are Growth options and all are top rated.
My thinking is to pull the money out and start a 9 Month SIP into the same funds. This is probably the last year where the long term cap gains will not be taxed. And secondly, good probability the market may cool off in coming months.
Any thoughts? Or better to let it ride. Thanks
DSPBR Equity
HDFC Top 200
IDFC Premier Equity Plan A
Reliance Reg Savings - Equity
All are Growth options and all are top rated.
My thinking is to pull the money out and start a 9 Month SIP into the same funds. This is probably the last year where the long term cap gains will not be taxed. And secondly, good probability the market may cool off in coming months.
Any thoughts? Or better to let it ride. Thanks