Comments 0 / Category Mutual funds
The most common question investors ask is - Is this the right time to start SIP? We believe - Any time is a good time to start SIP.
Many investors also have the misconception that SIP should not be started when markets are trading at higher levels.
It is almost impossible to predict the market movement for short term. Markets may get overvalued, but still continue to move up due to higher liquidity or positive sentiments. Or there may be times when markets get undervalued & still they fall further.
Time spent in the market is more important, then timing the markets. Corrections are inevitable in stock market & they are bound to come. They spread panic in the short term but never last long in an ongoing bull market.
That’s why, it’s better to start investing as early as possible rather than wait for the correct time to invest.
One should always remember that SIPs shield the investor from market fluctuations with its systematic approach.
Started SIP on 8th Jan 2008 when Sensex closed at 20873
Started SIP on 9th Mar 2009 when Sensex nosedived to the levels of 8160