As you are reading this column, NSE's bellwether index Nifty 50 is close to 10,000 and BSE Sensex is close to 32,000. They are very close to their all-time highs. In the last three years, markets have scaled new highs and equity mutual fund investors have reaped good benefits out of it. In the same period, fixed deposit rates and real estate prices have gone down and there is no big profit in gold as well. There can be no other good time for equity mutual fund investors as almost all other asset classes are down.
Now, everywhere in the media people and analysts are talking about markets reaching unsustainable levels. Some investors are thinking of withdrawing money from equity mutual funds, while some others want to invest equity mutual funds because other asset classes are down. However, there is talk going on about over valued markets and hence one should not further direct his/ her money into equity mutual funds. There is some sort of confusion here. What shoul ..
