With the Nifty 50 trading in a narrow range, mutual fund experts advise investors to stay the course and continue their SIPs as planned, emphasising that market volatility is a natural part of investing and should not prompt attempts to time the market.
“Investors should continue the SIPs as per the usual plan. Volatility is an inherent feature of markets. During a correction, SIPs work well as they average out the costs. So, if an investor puts their SIP on hold at the cost-averaging stage, they might miss the rebound if it happens soon after,” Rajesh Minocha, a Certified Financial Planner (CFP), Founder of Financial Radiance, shared with ETMutualFunds.