Did You Know What happened When The Sensex Falls From 29,681 (All Time High) to 23,002 on 29th February 2016? Find Out...
by
B. Padmanaban, CFPCMCertified Financial Planner
www.fortuneplanners.com
When we look at any news it always
deceive us. Especially, when you want to decide on something, you need to go
deeper, that helps a lot for you to make a wise decision.
If you look at the market, it reaches
all time high 29,681 on 29th January
2015. From that peak it keeps coming down and it reaches the bottom of 23,002 on 29th February 2016.
29th January 2015
|
29,681
|
29th February 2016
|
23,002
|
-22.50%
|
Between the two dates, it is exactly 11
months and the fall is 22.5%.
 |
| Mr. B. Padmanaban, CFP, Chennai |
First of all, we as an advisor normally
do not indulge any investor to invest if their horizon is less than 3 years.
Many feared that by seeing the mere number, they felt they have lost good
amount of money assume that both invested and value their portfolio exactly at
the bottom.
I have taken some the balanced funds
and its performance during that period, to everyone surprise, ICICI Pru
Balanced Advantage Fund has delivered 0.7%.
The worst fund in the balanced category has delivered -4.58% in the same period.
Where is 22.5% fall and where is -4.58%
falls?
That is the beauty of the balanced fund. Investors who are averse of
volatility they can invest in these funds provided their waiting period is 3
plus years.
This fund can be always substituted against Senior Citizen Saving
Scheme which is lock-in period of 5 years.
In the same period DSPBR Microcap has
delivered 7.04% that is the beauty of the mid & small cap fund!
We are not investing on the index and
our fund manager has the ability to create more alpha by actively managing
their portfolio.
So do not worry about the Sensex level or its valuations!
I have enclosed the following screen
shots to visualize the same!
Certified Financial Planner
www.fortuneplanners.com
98843 49173
No comments:
Post a Comment