Have you thought that Nifty will touch 16600 in August Expiry?
Is this the rise before the BIG fall? Or will this rally continue? Question is how high it will go?
In last few months FII's sold and DII's were buyers of Mutual funds.
For common people who are investing in mutual funds via SIP or Lump sum this rally will give them breather.
Some of you might have invested in ELSS in the month of March. Every year this happens with (my clients as well). Most of them have SIP in ELSS but if there is some shortfall in 80C then they prefer to invest in ELSS as that is the only product which has lowest locking period and relatively higher returns.
And every year one or two new clients joins the party in the month of February or March for TAX saving purpose.
In anyway this rally is making us feel better and giving confidence to invest in market.
Is this the rise before the BIG fall? Or will this rally continue? Question is how high it will go?
In last few months FII's sold and DII's were buyers of Mutual funds.
For common people who are investing in mutual funds via SIP or Lump sum this rally will give them breather.
Some of you might have invested in ELSS in the month of March. Every year this happens with (my clients as well). Most of them have SIP in ELSS but if there is some shortfall in 80C then they prefer to invest in ELSS as that is the only product which has lowest locking period and relatively higher returns.
And every year one or two new clients joins the party in the month of February or March for TAX saving purpose.
In anyway this rally is making us feel better and giving confidence to invest in market.
But valuation states otherwise.
