INDEX FUNDS - Investment

Q & A Forum › Category: Mutual Funds › INDEX FUNDS – Investment

shridhar asked 6 years ago

Hi sir I have invested some lumpsum amount in UTI nifty index fund when market was around 8000. This amount is not for any particular goal, just as a wealth creation. Now market is above 10000, i feel it will again fall. Should i redeem invested amount with profit and again invest it when market down? Does it make sense? Thanks

1 Answers

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Sreekanth Staff answered 6 years ago

Hi, Are you planning to do short-term trading through index funds?

shridhar replied 6 years ago

Is it good idea??
I dont know wether this tactics work or not..
Thanks for your reply sir

Sreekanth Staff replied 6 years ago

Hi.. If your objective is ‘wealth creation’ then advisable to invest for long-term, with a property asset allocation and re-balance strategy.