SIP and ETF

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

asked May 19 '13 at 10:00 by nitin2013 62


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

answered May 21 '13 at 20:58 by Pankaj Batra 5.2k320

link

Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×26
×12
×7
×5
×2

Asked: May 19 '13 at 10:00

Seen: 1,091 times

Last updated: May 21 '13 at 20:58