What should be my sip duration ?

I have invested 5000 SIP for 1 years , is that good decision for short term or shall i increase for long term around 5 years? please suggest

Rakesh Inamdar
Mumbai

Solution: 

Mutual fund is a asset class which is good for long term investments. Normally any duration more than 3 years is good duration for being invested. For short term you can choose money market of debt mutual funds.

consider increasing horizon to more than 3 years.