It’s not a fine idea to stop an enduring SIP in an equity fund, but, we recommend you to do closely that if, the SIP was initiated before August 2009. This is for the reason that although entry loads have been removed, probabilities are that you might still be paying an upfront fee of 2% to 2.25% on your equity funds. Fund houses persist to impose entry loads on SIPs started before the Sebi made the alteration. If your insurance agent is sincere, he would have suggested you to stop the SIPs and commence again.
Foundations In Personal Finance Answers
Mark Birnbaum has always aimed for the top and this is what forced him to launch and manage a nightclub spread over 22,000 square feet at Ithaca College. He admirably completed that responsibility and four years later, he made another big move in his career by opening a consultancy business. … Read More