This seem to be a tricky question for me. If I want to exit from a MF, when should I exit?
If I am sitting on a profit then what is the best possible time to exit?
After certain target % acheived? Or after certain time frame? or what?
Your views?
This seem to be a tricky question for me. If I want to exit from a MF, when should I exit?
If I am sitting on a profit then what is the best possible time to exit?
After certain target % acheived? Or after certain time frame? or what?
Your views?
It depends on the your investment strategy. I fix a percentage of return around 12-15%, when my investment reach at the bottom target, I sell 50% of it and remaining on archiving my highest target. While en-cashing at the first target I put a stop loss on my investment, it will depend on the market at that time.
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You cannot time the market, so the best method is opt for dividend option. And review your investment periodically with your investment advisor.
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