Summary
Every mutual fund investor must have this question in his mind: "With the Sensex going past 12,000 and racing towards 13,000, should I invest in mutual funds now? The first thing to realise is that the performance of mutual funds is not dependent on the Sensex. Consider this:
Between February 2000 and November 2004, the Sensex moved from 5,877 to 5,668, and was largely flat. A conservative fund like Sundaram Growth Fund gave 55.96% in the same period. (Source: Bloomberg)See the full content of this document
Extract
Time to Grow ; the Sensex May Be Peaking, but Smart Long-Term Mutual Fund Investors Can Still Make Huge Gains by Keeping the Faith
Between February 2000 and June 2002, the Sensex dropped by 44.79%. At the same time, there were 135 stocks (among the BSE 500) that deliv...
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