Sensex @82,300: Should mutual fund investors alter their investment strategy?
With the benchmark index – Sensex, reaching the 82,300 mark on Friday, market experts note that though this is a remarkable milestone, the mutual fund investors should stay invested , stick to the asset allocation, and a large cap tilted portfolio will be a good approach.
“We recommend investors remain invested, data suggests timing of markets is not possible, stick to your asset allocation, and considering how expensive mid-caps and small caps are, we recommend a large-cap tilted portfolio, recommended Vishal Dhawan, CEO, Plan Ahead Wealth Advisors, a wealth management firm in Mumbai.Dhawan explains that often, investors relate the price of an index or stock to conclude whether the instrument is overvalued or undervalued but in…
“We recommend investors remain invested, data suggests timing of markets is not possible, stick to your asset allocation, and considering how expensive mid-caps and small caps are, we recommend a large-cap tilted portfolio, recommended Vishal Dhawan, CEO, Plan Ahead Wealth Advisors, a wealth management firm in Mumbai.Dhawan explains that often, investors relate the price of an index or stock to conclude whether the instrument is overvalued or undervalued but in…