Hello sir, I have earned profit around 100% in various MF through SIP, now shall I book this profit or shall I keep the fund as it please suggest

Ans: Hi Surander, thanks for writing to me. Please let me know which scheme of HDFC you are investing in for me to guide you better.

Ans: Why should you withdraw? Just because the amount is high and you’re worried that markets may crash and you will lose your money?

I’m sure that markets would have gone down many times in the past but your money would not have disappeared! And just because you did not act in haste as per short term movements of the markets, you now have a good amount of money.

Past 3 years have been very tumultuous economically but you have held on and seen the benefits accruing. There is no reason to think that the worst will happen now. Markets will go up and go down all the time – that is the way they are supposed to work and have always worked in the past. If you keep getting in and out of markets, you will never be able to convert your MONEY to WEALTH, the way you have done thus far.

Continue with your process of wealth creation. Withdraw money to the extent required only when one of your long-term financial goals arrive, and not before that.

Ans: yes

Ans: Hello Vaibhav,

Firstly, it's essential to assess your investment goals, risk tolerance, and the suitability of the investment in your portfolio. The Motilal Oswal Nasdaq 100 Fund offers exposure to some of the largest and most innovative companies listed on the Nasdaq Stock Market, providing an opportunity for diversification and potential growth.

Considering you've been investing in the fund for the past six months, it's a good start to evaluate its performance against your expectations and the broader market trends. While short-term fluctuations are common in the stock market, analyzing the fund's performance relative to its benchmark index and peers can offer valuable insights.

Additionally, review the fund's investment strategy, portfolio composition, and expense ratio to ensure they align with your investment objectives and risk profile. Regular monitoring of your investments is crucial to adapt to changing market conditions and make necessary adjustments to your portfolio.

Ultimately, the decision to continue with your SIP in the Motilal Oswal Nasdaq 100 Fund should be based on your long-term financial goals, investment horizon, and comfort level with market volatility. If the fund continues to meet your expectations and remains in line with your investment strategy, it may be prudent to stay invested.

However, if you have concerns about the fund's performance, changes in your financial situation, or shifts in your investment objectives, it's advisable to reassess your investment strategy and consult with a qualified financial advisor to explore alternative options.

Remember, investing is a journey that requires careful planning, patience, and periodic review. I encourage you to stay informed, stay focused on your goals, and make decisions that align with your financial aspirations.