Just to answer my own question I too invest in just mutual funds since last 1 year and mainly tax saving mutual funds. Made an overall profit of 25% yet but not redeemed.
I guess as most optimistic people say the market will one day go to 50,000 mark its just a question of when. May be15 years or 20.
Just to highlight how well Indian Market did in last few years if somebody had invested 1 lak in Magnum Tax gain fund 5 yeas ago that would have been worth more than 11 laks today. Now.... I've started sounding like a Mutual Fund advisor but that I'm not!!! |