is it best time to buy equity mutual fund due t...

is it best time to buy equity mutual fund due to market falling

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Deal Cadet
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nav value of MF too lower ….shall i invest in a mutual fund with lumpsum amount.???

i m a neiwbei

6 Comments  |  
7 Dimers
Missing
Deal Lieutenant
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you can but my advice is to buy ELSS fund by paying lump-sum.

1. you will get Tax benefit
2. Risk is lower.

Missing
Deal Subedar
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The market is volatile, there is no direction as to what will happen tomorrow.

So it is better to stay away till some clarity is there.

Cow
Deal Cadet
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You can start sip in good mf like icici pru value discovery fund, birl frontline equity fund elss only if you have tax saving upto 1.5 in mind

Shiva
Deal Major
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Global economy is at its worst situation , Crude lowering down and down , Dollar INR Value is falling , wait 2-3 months , markets can make new bottom https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

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Deal Subedar
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don’t buy it sensex will fall upto 18k

Missing
Deal Lieutenant
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@kshiv8705468 wrote:

don’t buy it sensex will fall upto 18k


Bro you know what sensex going to 18k translates to? Global recession led by chinese banking crisis would be the big reason and china most probably won’t let that happen. Indian markets have been kind of resilient and that kind of fall wont happen unless there is huge trigger. Extrapolating recent falls and arriving at such targets makes less sense (not impossible but less chances at least for few more quarters). Another 300 fall in nifty itself will drive foreign funds to India and with recent comments from Helen on fed rate cuts should take some pressure off Rupee. Wait for a couple of weeks and pick stocks which have good domestic demand.

Missing