Domestic equities have risen to record highs post recovering from the COVID-19 led slump earlier in the year, and are now up about 7% (S&P BSE 500 TR Index) in the year-to-date period as of November 20, 2020. A SIP investment in the broader index (S&P BSE 500 TR Index) has delivered annualised returns of 11.07% and 13.39% respectively over the trailing five- and seven-year periods.
Key to long-term investing: ‘Time in the market’ more important than ‘timing the market’
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