With the markets rising once again from the lows of mid-June, many retail investors would be tempted to put in large sums of money at one go, which may increase the chance of losses if the markets correct suddenly. If you have earned a lumpsum amount, say a hefty bonus after two years of Covid-induced pay-cut, and want to shield the amount from market swings, opt for a systematic transfer plan (STP) of mutual funds.
India will be superpower by 2047, but not high-income economy: Martin Wolf
Read More