SIPs are meant to be for long term investment. If the markets have fallen and your fund has fallen along with them, then it is not a sufficient reason to exit the fund. You may suffer from exit load unnecessarily.<\/p>\n\n\n\n
If the fund is underperforming its peers, then you should put the fund under watch and see how it shapes up over the next 3\u20136 months. Abruptly quitting a fund is not a good idea. It is like pulling out a plant and trying to plant it elsewhere.<\/p>\n\n\n\n
You should consider increasing your investment int he fund in a corrected market, provided the fund is a good one. For best funds, you can check out jama.co.in<\/a> and the Picks section.<\/p>\n\n\n\n Please see my answer here: What should I do if my mutual fund is under performing?<\/a><\/p>\n\n\n\n\n Maxiom Wealth \u2014 Free Tool<\/p>\n Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n Try the SIP Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":" SIPs are meant to be for long term investment. If the markets have fallen and your fund has fallen along with them, then it is not a sufficient reason to exit the fund. You may suffer from exit load unnecessarily. If the fund is underperforming its peers, then you should put the fund under watch… Read More »Due to fall in share market, the current value of SIP(Systematic Investment Plan)has reduced. Should I switch to a better fund?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,55],"tags":[],"class_list":["post-1230","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-portfolio-reviews"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1230"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1230\/revisions"}],"predecessor-version":[{"id":3609,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1230\/revisions\/3609"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}How Much Will Your SIP Grow to?<\/h3>\n