RIGHT TIME TO EXIT

 MUTUAL FUNDS

Published By Livemint | 15 Mar, 2023

INVESTMENT PRODUCT

From FD to mutual funds, there are several investment products in the market
Credit : Pixabay

TIME DURATION

In case of MFs, you need to decide investment period by yourself
Credit : Pexels

EXCEPTION

In MF, the fixed maturity plan category has a fixed time limit

HOW TO KNOW THE RIGHT TIME

Know factors that help in deciding period of a mutual fund scheme
Credit : Pexels

EXIT LOAD 

Exit load is the amount charged on exit before a certain period of time
Credit : Unsplash

CAPITAL GAINS TAX (CGT)

As Short Term CGT> Long term CGT, stay till the completion of short term CGT period
Credit : Pexels

BAD YEAR

If the actual goal can wait, avoid exiting market in a bad year
Credit : Pexels

EXIT FOR LIQUIDITY

Don’t exit fully from MF for cash needs. Rather choose partial redemptions and SWP
Credit : Unsplash

FINANCIAL GOALS

Investors can park their liquid surplus in short term parking funds

ELSS SCHEMES

They have a 3 yrs lock-in, offer exemption benefit of equity returns
Credit : Unsplash

1 LAKH WAIVER

Get up to 1 lakh long term capital gains waiver by withdrawing amount in a yr
Credit : Pexels

DIVERSIFY  

Diversify your portfolio if it has higher % of weightage than required for risk proposition
Credit : Pexels

SIP

Avoid immediate liquidation in SIP after the end of enrolment period
Credit : Pexels