Restart the sip or redeem Sukrut, 24 May 2013

I had invested in SBI magnum Tax gain Scheme in 2007 through SIP. I have stopped SIP in 2010. Please Suggest shall I restart the SIP or I will redeem the unit?

Fintotal Answer

Hi Sukrut. SBI Magnum Tax Gain Scheme is an average performing fund. You may redeem the fund (as 3 year lock in is over)and divert and invest your sip in a better performing fund of this category. Check recommendations for the same on our website on the link mutualfunds.fintotal.com.

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