I had invested in SIPs in 3 Mutual funds since 2007, which had a good 3yr 5yr performance then.
The performance kept reducing as time passed, but i stayed invested. Because of non performance, Now I have stopped the SIPs in these funds and have started SIPs in other funds.
1. Do i Redeem the amount from these non performing funds or do i wait for more time ?(Assuming last 5 years were worst, (https://www.jagoinvestor.com/2012/09/worst-5-yr-period-in-stock-markets.html) and next 5 years would be better )
2. It may not be worth withdrawing all the amount (bcos of exit load for redemption <1year and also if i start investing in a new fund it would take atleast a year to avoid exit load).
3. if i withdraw now, i will not get considerable returns (if i had invested the same in FD i would have got better returns). it could also be possible that the situation does not improves with these funds. Do I stay invested for another few years and then redeem?
With the above 3 situations(which i could think of, may be there are more which you could add on..) what is the best option you people suggest me ?