If you want to get benefit amid fall, then you may invest money in these funds
If you want to get benefit amid fall, then you may invest money in these funds
Share:

The Indian stock markets have seen a huge decline in the past week. It is due to corona infection. However, according to experts, this is the time to invest in equity for a long time through SIP. Experts believe that the shares of healthcare and telecom companies will outperform in the current circumstances. According to Sandeep Sikka, CEO of Nippon India Mutual Fund, investors should invest in exchange-traded funds (ETFs) and index funds as these funds have a structure that has a certain liquidity.

According to Kanwar Vivek, CEO of Yes AMC about this decline, investors have been advised to continue investing in the market. He said that if investors have money, then they should invest keeping in mind the long term. It is noteworthy that the market sentiment has weakened due to the outbreak of Novel Coronavirus and a sharp reduction in the prices of crude oil, and this has led to huge fluctuations in the equity markets. This month, the BSE Sensitive Index, based on 30 stocks, has registered a decline of 12 percent so far. The Sensex has fallen from 34,000 points to around 29,000.

On the market, Vivek further said that the current market conditions are very attractive for long-term investors and this is the right time to invest in long-term equity. At the same, expressing similar views, Ashika Wealth Advisors CEO and co-founder Amit Jain said that the worse the market performance, the greater the chances of better returns in the medium to long term. He said that new investors should invest 40 percent in mutual funds, which can give returns of around seven-eight percent. He said that the remaining 60 percent should be invested in multi-asset and mid-cap schemes.

Also Read:

'This state will be corona free by 7 April' claims CM

Corona: RBI Governor's Appeal, 'Avoid Cash Transactions, Perform Digital Transactions'

Corona impacting stock market, Sensex opens with red mark today

Coronavirus: Know which stars gives much donation

 

Join NewsTrack Whatsapp group
Related News