Over the long term, the Sensex is a bond
Any day is a good day to invest in equity; provided you stay invested for longer durations
The past few days have been euphoric as the stock markets touched their new lifetime highs. On Monday, the 30-share S&P BSE Sensex crossed the 22,000-mark, but then slipped a bit to end the day at 21,934.83 points. The only way to participate is to invest in stock markets, and one way of doing that is through equity mutual funds (MFs). So, does it make sense to invest in equity MFs now?
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