Funds for Growth ; Many Stocks Have Started Looking Attractive, Particularly If You Look at Them As a Long-Term Investment. As Equity Markets Become Cheaper, It's the Perfect Opportunity to Grab a Few Growth Funds for the Long Term.

Summary

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For investors, the last three months were easily the worst in a long time. The BSE Sensex lost 26 per cent from its peak of 21,207 as more than half the stocks traded on the BSE are close to their or at 52-week lows. But given the recent carnage, many stocks have started looking attractive once more, particularly if you look at them as a long-term investment.

So, isn't this a good time to take a look at equities? Yes, indeed. This is as good a time to buy, says Manish Mehrotra, VP (Wealth Management), Religare Securities.

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Funds for Growth ; Many Stocks Have Started Looking Attractive, Particularly If You Look at Them As a Long-Term Investment. As Equity Markets Become Cheaper, It's the Perfect Opportunity to Grab a Few Growth Funds for the Long Term.

The subprime woes have impacted markets globally, but Indian markets will recover faster than others. At a price-to-earning multiple (P-E) of 14-15 times 2008-09 earnings, the market looks fairly valued now. And investors looking at a longterm horizon can take this opportunity to invest money in equities.

But b...

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