Hello Manish,
I want your help to swtich my current investment in below funds to some better MF’s
SBI BlueChip Fund(G) : Current Amount : 15K
SBI Magnum Global Fund 94(G): Curent Amount : 29K
In starting i had SIP’s in these MFs, due to my old agent, but later on after understanding MF investment a bit more through your blog 🙂 . I stoped the SIP in these MF’s. And started the new SIP’s (Rs. 1000/- in each) in below MF’s
HDFC Top 200 Fund(G)
Canara Robeco Eq Diversified Fund(G)
Reliance Reg Savings Fund-Equity Plan(G)
HDFC TaxSaver(G)
L&T Tax Advt Fund(G)
I want to swtich my SBI MF amount to Some other MF
Should I use the STP to swtich to “SBI Magnum Emerging Businesses Fund(G)”, Is it a good fund to invest for next 10 yrs?
Should I withraw the amount and Invest in lets say “HDFC Top 200”?
What will be the tax implications if I withdraw the amount?
What should be the good option for me STP or withdraw?
My main aim here is to invest for long term (min 10-15 yr)
Please let me know if you need more information
Regards
Kunal Sharma