Stop your SIPs - Markets Hitting All Time Highs.
If your thinking the same then , then THINK Again !!!!!
According to this latest interview of a well know fund manager has made a fair point.
“Every 2- 4 years, the market hits different targets. That is expected. As the economy continues to grow, the market will also grow,” said Mr Singhania , who runs a fund called Abakkus.
So the point here is , Never Try and Time the Markets. Instead look at the longer term horizon.
Although valuations seem high , an ideal way to invest in mutual funds could be reviewing your portfolio and reconsider your asset allocation.
In simple words , for example if you have a majority of exposure in mid cap or small cap funds , consider switching to a multi asset portfolio.
Or include some debt oriented , may be increase your allocation to debt more than equity and reinvest if theres a correction.
If you have any queries regarding Mutual funds feel free to share your queries, Ill be happy to help.
Disclaimer - No advice is given here. Just sharing my views and trying to spread financial literacy.
Feel free to share your queries , ill be happy to help.
