POSTED BY September 30, 2012 7:23 pm COMMENTS (2)
ONI started SIP with Fidelity Equ sometime in 2006 and current fund value is around 3L. But recently due to change in Mgmt and various other open advices I am little hesitant to continue with Fidelity Eq (or L&T).
I thought of switching my existing Fidelity SIP into Quantum LT Equ. Any thoughts. Appreciate your comments.
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Today I received the 0% exit option notice from L&T (Ex Fidelity). Planning to quit Fidelity.
If your are hesitant what is preventing you from moving it to QLET.
QLET is a good process oriented fund which will give you good downside protection and limited upside conservative return(~12%).
But remember even QLET could be taken over by some AMC.
I would suggest shift all those money outside Exit load in one shot and remaining as and when the exit is 0%