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  • News From Press Nifty hits 14,000 mark for the first time. What should mutual fund investors do?

    Nifty hits 14,000 mark for the first time. What should mutual fund investors do?

    Mutual fund advisors believe if your goals are less than two yers away, you may start withdrawing now.
    Mint Jan 1, 2021

    As 2020 draws to a close, the Nifty, Nifty Midcap 100 and Nifty Smallcap 100 are up 14.9%, 21.4% and 21.9 % respectively for the year. More importantly, the Nifty is up 83% from the March lows. This is a spectacular rally. Equity mutual funds enjoyed the rally as well with equity mutual funds giving up to 76% returns in 2020. In fact, mid and small caps which remained laggards in over two years in a row, turned around to become the best performers as the rally became broad based. Should mutual fund investors book profit or continue investing while the markets are on a record breaking spree?

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