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