Sensex down over 12,700 points from peak. What strategy should mutual fund investors follow?
With the Sensex down by 12,780 points from its September peak and reaching at the level of 73,198, the experts recommend that most investors should continue to invest in large caps or good flexi cap, multi-cap, and large and mid-cap types of funds when investing in equity mutual funds and let the fund manager pick the relevant stock.
The long-term investors need to invest based on their goals and not get carried away by the winds of short-term market movements and SIP or STP investing is the better way to go for disciplined investing, but anyone who has a long-term horizon (7+ years) may opt for a partial lump sum, Rajesh Minocha, a Certified Financial Planner (CFP) and founder of Financial Radiance.
“Investment in equity-based mutual…
