Mumbai: The Sensex and Nifty fell in the red for 8th straight session yesterday, despite slightly positive global indications.
Though a lot of money has been lost in the market due to battering down of most of the stocks, it seems to be a good opportunity to top up your Mutual fund investments or start an SIP.
Scheme
3 Year Returns (%)
6,367
19.98
19,863
14.66
20,784
12.63
7,685
10.95
Scheme
Fund Size (Rs. Cr.)
3 Year’s Returns (%)
21,700
13.25
25,900
13.03
13,372
10.56
Scheme
3 Year’s Returns (%)
3,664
15.36
(Regular Plan)
6,163
19.05
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It may however be noted that the value of Mutual Funds’ NAV would depend on the underlying securities, hence, past trends may not necessary translate into future returns.
Also, pure Debt funds have not been considered in this article as the risk to reward ratio in falling markets is skewed in favour of equity funds and experts advice investing in them for higher returns.
Disclaimer: Consult a Financial Advisor before making any investment or a financial decision.