SIP Redemption

63°
Deal Cadet
kipte.khoka


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

Deal Cadet Deal Cadet
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Please explain…

Deal Subedar Deal Subedar
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Is this direct fund and why did you select this fund?

Deal Cadet Deal Cadet
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No, because the return was right (I thought)

Benevolent Benevolent
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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.

Deal Lieutenant Deal Lieutenant
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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….

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

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Deal Cadet Deal Cadet
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https://cdn0.desidime.com/attachments/photos/818413/medium/Screenshot20221023-091242792.jpg?1666496577Current state of my portfolio
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