Why you should not stop your mutual fund SIP
Financial planners suggest continuing with your investments
Your mutual fund SIP investments should continue as you are getting more units for the same money
MUMBAI : The economic indicators are signalling a prolonged slowdown in the economy. The unemployment rate in India is at 6.1%, according to the Periodic Labour Force Survey (PLFS) of the National Sample Survey Office (NSSO). The liquidity crunch, NBFC crises and credit downgrades in the financial services sector have spurred some serious downturn in consumption. “There are evidences of a serious slowdown in consumption as reflected in sales of automobiles, FMCG, air travel, textiles and other discretionary products amid patchy monsoon," said Navneet Munot, chief investment officer, SBI Funds Management Pvt. Ltd.