Is this the time to purchase or to sell MF units ?
Have a query about purchasing mutual funds? Find advice from experts on this page.
Mutual Funds invest in stocks, bonds and debt instruments and by judicious investment try to give their investors a handsome return. As markets are always in dynamic conditions sometimes going up sometimes down and sometimes remaining stagnant, it is very difficult to make out by an investor when to sell and when to buy.
Since the last change of government in center, the share markets are almost in a stagnant phase as BSE Sensex which is a traditional bench mark of share market is hovering between 26000 to 28000.
Now in the present situation if market reaches 28000 or more then the question is - whether an investor should sell his MF units and join the wagon again when the Sensex dips to 26000 level or purchase additional units in the hope of market rising in near future?