Exactly 6 months back I had mentioned on this platform that this is an excellent time to take the plunge in Indian Equity Markets (read that post here). Looking back, the markets have had a phenomenal run, and things are still looking bright for the remainder of this year at least.
I was bullish all through 2016, and my Investments did perform quite well! Here is how my Portfolio has stacked up compared to Market returns. I invest both in Equities and Mutual Funds (lump sum and via SIPs). On all these aspects, my investments have beaten the market comprehensively!*Just to put things into perspective – If you had invested Rs 1 Lac when I had recommended in October, you could have easily made at least Rs 20,000 on any decent stock…that too just by buy-and-hold strategy (no active trading). Many stocks have more than doubled in this time frame! Compare it to the current instrument where you have parked your money, and you would be at loss of words!
Nevertheless, there is still time to pour cash into the market as there are many positive factors that would push it further. Read my detailed post on what lies ahead on Money View blog.
*Tail Stocks comprise less than 2% of my Total Portfolio value.
**Money View is India’s No 1 Money Manager app and has a user base of over 5 million.