If you are a mutual fund investor, it doesn't pay to be a Nostradamus on Dalal Street. A backtesting study by ET shows that regular investing yields better results than timing the market. A mutual fund investor who continued his SIPs irrespective of market movements would have made more money than one who successfully avoided the 10 biggest falls in the Sensex in the past five years.
Both investors are assumed to have started SIPs in a diversified equity fund five years ago in July ..
