MUMBAI: Accumulation of wealth through investments in mutual fund schemes is probably the best bet for retail investors — more so, in the current market conditions.
Investment advisers say in times of panic seasoned fund managers can protect your money better than many others and during a rally they can make the money grow faster than the overall market.
"It is normal to panic in these situations , but these are times when one can buy cheap," says Dhirendra Kumar, CEO, Value Research, a fund industry analytics and advisory firm. "There are long-term investment benefits from buying in a panic."
Investment advisers say in times of panic seasoned fund managers can protect your money better than many others and during a rally they can make the money grow faster than the overall market.
"It is normal to panic in these situations , but these are times when one can buy cheap," says Dhirendra Kumar, CEO, Value Research, a fund industry analytics and advisory firm. "There are long-term investment benefits from buying in a panic."
No comments:
Post a Comment