How does investor psychology influence momentum investing strategies?
There is optimism galore, the markets are buzzing with initial public offerings (IPOs) as companies seek to raise funds from the public. Meanwhile, hopeful and confident investors, driven by optimism and confidence, are eagerly applying for these opportunities.
Recent data from the Association of Mutual Funds in India (AMFI) underscores the significant growth of India’s mutual fund industry over the past year. The assets under management (AUM) have seen substantial growth over the last five years, fuelled by factors such as rising disposable incomes, heightened awareness of mutual funds, and robust performance in the equity market.
Momentum investing has gained popularity recently, especially in the current bullish market. The strategy…
