SIP Redemption

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Deal Cadet
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Hi,
Purchased a sip a year back on DBS app
(screenshot 1) It has expired so need to sell it now.can u please tell me if I close it now will I get the absolute returns or the annualized returns?
If your answer is absolute, then should I wait for the absolute retuns to improve?
The returns are just way too less!!

someone please help this n00b smile

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Absolute Returns wink Switch to something better FMP/CMP are not for you i believe.

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ModMod wrote:

Absolute Returns wink Switch to something better FMP/CMP are not for you i believe.

Please explain…

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statutory warning : Mutual fund investments are subject to market risks.
The annualised returns are just to attract new customers. When you sell, you only get current market prices.

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…redeem them and take your money out….

…you are lucky you are in green….invest again after this bubble is over….

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still_guessing wrote:

…redeem them and take your money out….

…you are lucky you are in green….invest again after this bubble is over….

So Mutual fund investment is a no-no, now?

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kipte.khoka wrote:

So Mutual fund investment is a no-no, now?

….Sorry i didnt mean that…

….you can invest in any mutual fund by sip…its safe at this moment…

….bt looking at the scenario….people invested for years and corona happened and they sold at 30% loss in march or april….

…your money so invest wisely….
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