Should I exit this Fund or wait till March 2020 ?
Or should I give instructions to stop STPs only at this time since the markets are bad ?
I am doing STPs of Rs.10,000/- per week to this Fund which will go on till March 2020.
Motilal Oswal and HDFC are giving conflicting advice.
I am confused.
I await to hear from you since the same question I asked last week remained unanswered.
May I know your investment objective and time-frame?
What is the advice given by Motilala and HDFC? Could you kindly share?
Have you invested in any other MF scheme(s)?
(Did you post your question in Forum? or under comments section of any blog post??)
There is no objective.
Investor is 85 years old with a limited life span.
She has the following MFs …ICICI,SBI,ABSL,AXIS.
This investment was advised by HDFC when I approached them directly.
Rs.10 lakhs @ Rs.10000 per week in STP from 15-3-18.
Later I entrusted all MF work to Motilal Oswal because I could no longer cope up doing things directly.
On 28th August 2019, in a regular meeting,MO advised against continuing STPs HDFC Capital builder Fund specifically, since it has a poor performance.
MO also advised redemption.
They said I could continue HDFC Equity Fund and Balanced fund.
So I approached HDFC Manager for a second opinion.
HDFC says the Fund is doing good…please continue STPs.
So I am thoroughly confused.
Please help specifically about this HDFC Capital Builder Fund.
Should I continue STPs or stop STPs but hold on to the Fund or Redeem immediately ?