Should I invest now as the market is scaling new highs

I wish to invest a lump sum in several equity funds with a long term horizon. But since the market is scaling new highs every other day, I am not sure whether it is the right time. The investible funds have been lying in my savings account for quite some time? I shall appreciate if you could enumerate the list of Equity funds in which I could presently invest, if advisable. I do not have regular income, and that is why I avoid SIPs?

May 31, 2017 by D Kamat, mumbai  |   Mutual Fund

Please note that if you are investing for the long term and clear about your goals or the reason for which you are investing then you should not look at market levels. Even though the market have scaled new highs, you are not sure if it will not take new highs further or you also do not know if it will go down from these levels and so on. Therefore, in a situation like this, you should focus on your investment goals and time horizon of each of your investments. Maybe some investments horizon could be very short and in that case you need not look at the market levels because you may not be investing in equities at all!

Further, you should also know your risk profile and choose funds accordingly. Since you have not given your risk profile and the investment horizon, we are unable to suggest you fund names. do write back to us with those details. Thanks:)

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