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Clarification on Equity MF

Dear Experts!

I have SIPs running for 4 Equity Mutual Funds. What i observe always in valueresearch or be it any other informative site is that the return of an MF is generally more for 3 year period whereas the same return gets reduced ina 5 year period. As the figures are annualised returns. What i want to ask is should one simply redeem the MF once the target annualised return rate of say 15% is achieved after x years. As continuing the SIP for further period may also result in reduced annualised return. 

Is is like redeem when ur expected rate is achieved and then again start a Fresh SIP.

Regards

Sachin

 

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