PF weekly wrap: Stay course with your SIP as markets continue to slide

As Nifty moved closer to the psychologically important 10,000-mark, it added to the anxiety of the mutual fund investors. The Sensex has fallen more than 5,000 points since its all-time high of 38989. The sudden and sharp slide has come as a rude reminder of the dangers associated with stock investing and caused a major flutter in the investing community, especially those who are faint-hearted or have low risk appetite. But does that mean you should change your investment strategy? Here is how you should look at this question.

Experts are of the opinion that it is the time to take a longer timeframe while investing in stocks and equity mutual funds. Sandeep Jethwani, head of advisory group, IIFL Investment Managers says that one should invest in large cap stocks and go slow on mid and small cap stocks.

If you are thinking of taking advantage of current fall in markets by investing in equity mutual funds, you should read this to pick the best mutual fund scheme for your portfolio.

If you are considering staggered investments in stock markets, you should be opting for a systematic investment plan. But that does not guarantee you success. Here are five things you should keep in mind while investing through a mutual fund SIP.

You may also want to read our fund review write up on Mirae Asset India Equity Fund. This being a quality focused multicap fund, investors must take a five year view on this scheme. It is better to take a staggered approach. Enroll for a systematic transfer plan or a systematic investment plan.

Mutual funds allow you to invest in a disciplined manner and achieve your financial goals. One of the goals most Indians do work hard for is their child’s education. Here is how to fund your child’s education overseas education when the rupee is falling.

And towards the end of the week, here are two write-ups you must not miss. If you are using a credit card or aspire to go for one, these 7 smart tips to use the credit cards effectively.

If you have received an income tax notice under Section 143? Do not panic. Here is how to answer the notice.