Now this is the most common question asked now. There were less people asking this question when the sensex was over 20,000. This is sad.
Equity is for the long term. Investment in equity/ equity funds depend only on 2 things -
1) Your asset allocation
2) Your age
3) Your horizon.
Once you have made an asset allocation according to your age & risk appetite -
you should start investing in equity/equity funds. So any time is right time. Please do not look at the sensex level. If the sensex is lower, it is better for you and there is a more compelling reason to start investing. Ideally you should invest only via SIP.
When you are entering a fund - you should not look at the NAV of the fund. You should look at only the performance of the fund in the last 3 to 5 years.
Similarly, do not look at the sensex levels. With inflation over 11% - equity is your best chance to beat it. If you are young - you can afford to be more aggressive. |
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