The Sensex and Nifty recently touched lower circuits after investors opened the market. The market then had to close for a short time. However, the market witnessed a spectacular recovery when the business resumed. In fact, the markets have been in the grip of the markets for some time now. The spread of the coronavirus and the oil price war have severely broken the morale of investors. The market has slipped nearly 20 percent in the current fiscal.
Mutual fund investors are deeply disturbed by this. Are you also involved in such investors? If the answer is yes, you have the advice of mutual fund managers and investment advisors. He says investors should ignore this hue and cry. They should maintain investment through SIP. They reminded older investors of the economic downturn in 2008 when markets rolled severely. This advice is a bit bitter. But, check out your options. First, these days some of your friends and relatives will be asking you to withdraw your investment and put it in the bank's FD. Why should they take risks for 2-3 percent more returns? Ask yourself whether this strategy is correct?
Let's say you take your investment out of the market. So when will you re-enter the market? Do you know when the market will come to normalcy? Do you have answers to these questions? Second, most experts say that you put money in select shares, particularly mid and smallcap shares. For this, you can keep in mind a period of at least five years. Do you have extra money that you don't need in the next five years? If you invest, are you sure the market has reached its lower level? Then what if the market falls further? Will you have the money to buy more? All such questions will be asking your friends and relatives. First of all, when you put money in the stock market for a long period of time, the situation cannot be avoided.
Of course, we are now in a very new way of development. The international economy has not been confronted with the horror of this level of virus. Domestic economic problems have added to the issues. This is the reason why sales in the market are dominating. That's the first thing that comes out of. That is, keep your investments and let fund managers do their job. In fact, many fund managers are selling expensive shares of their portfolios and buying some better shares. This whole exercise may not be immediately benefited. But, as the market comes out of fear of the coronavirus and the international economy will accelerate, it will benefit. Therefore, it is very important to have patience now.
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