Should I continue investing in Axis MF as they are not performing well.
I have two SIPs of rs 10000 each (one in my name and other in my wife's name). Both SIPs started on December,2021.
Axis BlueChip Fund - SIP - Rs10000
Axis Mid Cap fund - SIP - Rs10000
Both MFs are not performing well. Shall I continue my SIP as I started in dec 2021 only or shall I stop and investing in some other funds?
If you suggest to stop then which fund should I invest in same category of funds?
And where to invest the lumpsum amount which I will get from these funds? Do I need to invest it in any liquid fund and STP to any other equity fund? What is the best option I have.
Thanks in advance
Considering the peak levels of the Markets and (in case) you are planning to invest substantial lumpsum amount, can consider STP.
But, watchout for tax implications when you are redeeming the units from a Liquid fund to index fund.
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