Why Mutual fund investors keep faith in SIPs despite market volatility
As said by some wise men that sometimes good things come in disguise. When the entire world market is gripping with fear and panic, it is bound to the panic investor as well. But mature and seasoned mutual fund investors need not to worry for the dips as they will see this as a rare opportunity to buy more mutual fund units and pool in more at a cheap price. One always looks for best products at discounted offers, be it clothes, electronics, vegetables, or stocks. We all tend to add certainly scheme to our watch list so as to monitor them for low prices and hit the purchase button when it reaches the desired NAV, but how often do we get such opportunities’? Warren buffet has beautifully put it, “Someone is sitting in shade today because someone planted a tree a long time ago”, which simply means that it might take some time to reap benefits but the future shall be sweet. This is true for all those smart & seasoned investors who take this global COVID – 19 outbreak and grippi...