SIP: The Perfect Answer For Investment Doubts

The last few months have been very volatile for Indian and global equity markets. Benchmark indices such as the Nifty 50 and NASDAQ Composite are down close to 7 per cent and 25 per cent, respectively, in the current calendar year (as on May 10). The situation was opposite just a few months back when the market was scaling new highs every other day, after the initial shock of the pandemic waned. The sharp change in market behaviour has led to anxiety among investors, especially new investors. Now, such investors are deliberating if it is time to sit out and wait for the correction to be over before deploying fresh money. However, there were a set of investors who, during the market rally, believed that the bull run seemed too good to be true and that the market could reverse any day. So, they decided to wait out the last leg of the rally seen before the turbulence began. It is quite...