India stands at the cusp of growth. And retail investors must not let this unique opportunity go by. Again! Indians have been selling equities since 1994 and FIIs have been mopping it up.
In reality, we have sold a high return earning asset for the sure comfort of low yielding deposit.
But, thankfully, this is the change for most of it. Today, there are 80 lakh Indians who are doing systematic investment plans (SIPs) every year. They are bringing in roughly Rs 30,000 crore every year into equity mutual funds. This trend is only likely to accelerate as the word of mouth spreads about SIP experience.