Mutual Fund Portfolio: When Should I Recognize Profits and Reinvest?
My husband earns a salary of ₹1.2 lakh per month and I have a monthly salary of ₹80,000. We have about ₹50 lakh in mutual funds and I started a new monthly SIP of ₹20,000 in equity mutual funds. Stock markets have corrected sharply in recent months and are expected to continue in the near term. While we don’t need the money invested in mutual funds, should I redeem part of my existing MF stock portfolio to record profits or supplement it to take advantage of lower net asset values?