There is a tendency among certain investors to keep checking the value of their investments. Has the stock price moved up or down? What was the closing value of the market index today? What was the NAV of the fund? Many feel that they need to be on top of the news so that they can manage their investments better.
Trying to navigate the stock market is not beneficial in the long run. An investor who remained invested throughout the time frame is the real winner. Just by missing 10 days, the corpus declined by more than 50%.
Rather than trying to predict highs and lows, it’s important to stay invested through a full market cycle. Focus on the time you stay invested, not the timing of your investments.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.