New Delhi, Nov. 4 -- If you have an active mutual fund SIP (systematic investment plan) and are contemplating discontinuing it for some reason, it could actually be the right decision.

Wealth advisors typically advise investors to refrain from discontinuing SIPs whenever possible. Even when the markets are falling, they would advise you not to stop them, since it is the "right time" to buy more mutual fund units, thanks to rupee cost averaging.

Sometimes, you may have suffered losses in your business, but they would still advise you not to stop your SIP, as these are testing times. Another reason they give is that remaining invested for a long time is crucial for compounding to play out.

However, like everything else, these rules also ...