Re: Is the time ripe to purchase units?
Yes you could purchase now as the markets have crashed. More units can be accumulated with the same amount of money as compared to earlier when the NAV was 59.
However a Sip would be a better option as it is almost impossible to predict where the market is heading. Almost every analyst and global research firm were taken by suprise during this sharp fall. SIP would average the cost and provide a better option than timing the market.
Happy Investing
Yes you could purchase now as the markets have crashed. More units can be accumulated with the same amount of money as compared to earlier when the NAV was 59.
However a Sip would be a better option as it is almost impossible to predict where the market is heading. Almost every analyst and global research firm were taken by suprise during this sharp fall. SIP would average the cost and provide a better option than timing the market.
Happy Investing