Hi Sir, I have earned around 110% in 2-3 MF (Nippon small cap, Miare Assets,Franklin etc..) shall I go for redemption or shall I keep it for long time

Ans: Congratulations on your impressive returns! Deciding whether to redeem or hold onto your investments depends on several factors, including your financial goals, risk tolerance, and market outlook.

If your investments have substantially exceeded your initial expectations and you've achieved your target returns sooner than anticipated, it might be prudent to consider redeeming some portion of your holdings to lock in profits. This strategy can help mitigate the risk of market downturns eroding your gains and provide liquidity for other investment opportunities or financial needs.

However, if your investments are performing well and you believe in their long-term potential, you may choose to hold onto them. Holding onto your investments for the long term can allow you to benefit from compounding returns and potential future growth, especially if you have a high risk tolerance and are comfortable with market fluctuations.

Ultimately, the decision to redeem or hold onto your investments should be based on your individual circumstances, financial goals, and risk tolerance. Consider consulting with a certified financial planner who can provide personalized advice tailored to your specific situation and help you make informed investment decisions