Site icon Jagoinvestor

Changed my investment from L&T Equity Fund to UTI Opportunities Fund

Dear Team,

Almost 2 years ago, I had drafted my Financial plan; thanks to Manish & Jagoinvestor team. That time I had started an SIP of Rs 3000 in Fidelity Equity Fund (now known as L&T Equity fund) from 1st Feb 2012 (for a goal in target year 2036)

However, I decided to stop investing in this fund as I lost confidence in it & my last SIP in this fund was on 15th June 2012. I have invested around Rs 13000 in this fund.

To replace this fund, I started an SIP in UTI Opportunities Fund from 30th May 2012.

I could not exit from L&T Equity fund as it would cost me an exit load. Now that the 1 year lock in period is over, I wish to remove this amount and divert it back to my original goal set. How should I go about it?

Exit mobile version