We have often heard advisors and experts asking investors to invest in equities with a minimum investment horizon of five years. In his first annual note, Rajeev Thakkar, CIO, PPFAS Mutual Funds, explains the rationale behind the minimum time period of ‘5 years.’
The note says, “In the last 20 financial years (March 31, 1998 to March 31, 2018) the Nifty 50 Index has given a return of 11.65 per cent p.a. on an average.” However, the note cautions investors that it is not wise to expect sim ..
