SIP and ETF

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Hi Pankaj,

I'm investing a SIPs of 2000 each in the following for last 2 years, DSP BlackRockTop 100 Equity fund HDFC Top 200 fund HDFC Equity fund IDFC Premier Equity Fund

Due to some problems I need some money so planning to sell some of the units from these. Will it be good to sell some units

from each SIP or to sell from one only.

Also, I'm planning to replace one of the SIP with a ETF SIP. Is it a good option and which is a good ETF to invest as SIP?

Thanks, Nitin

1 Answers

You should sell from the fund which performed worst from these. Also keep in mind that sale is not before one year of purchase, so that short term capital gain can be avoided.

You can pick from following ETFs:
Nifty Benchmark Exchange Traded Scheme(Nifty BeES)
Nifty Junior BeES
Kotak Sensex Exchange Traded Fund(Kotak Sensex ETF)

If you want to diversify investments in international market, you may also consider following ETFs:
Hang Seng BeES
Motilal Oswal MOSt Shares NASDAQ-100 Exchange Traded Fund

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