Did You Know What happened When The Sensex Falls From All Time High to 23,002 on 29th February 2016? Find Out... - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Sunday, October 02, 2016

Did You Know What happened When The Sensex Falls From All Time High to 23,002 on 29th February 2016? Find Out...

Did You Know What happened                                                                                             When The Sensex Falls From 29,681                                                                                     (All Time High) to 23,002 on                                                                                                   29th February 2016? Find Out...

by 
B. Padmanaban, CFPCM
Certified Financial Planner
www.fortuneplanners.com


When we look at any news it always deceive us. Especially, when you want to decide on something, you need to go deeper, that helps a lot for you to make a wise decision.

If you look at the market, it reaches all time high 29,681 on 29th January 2015. From that peak it keeps coming down and it reaches the bottom of 23,002 on 29th February 2016.

29th January 2015
              29,681
29th February 2016
              23,002

-22.50%

Between the two dates, it is exactly 11 months and the fall is 22.5%.

Mr. B. Padmanaban,
CFP, Chennai

First of all, we as an advisor normally do not indulge any investor to invest if their horizon is less than 3 years. 

Many feared that by seeing the mere number, they felt they have lost good amount of money assume that both invested and value their portfolio exactly at the bottom.

I have taken some the balanced funds and its performance during that period, to everyone surprise, ICICI Pru Balanced Advantage Fund has delivered 0.7%. The worst fund in the balanced category has delivered -4.58% in the same period.

Where is 22.5% fall and where is -4.58% falls? 

That is the beauty of the balanced fund. Investors who are averse of volatility they can invest in these funds provided their waiting period is 3 plus years. 

This fund can be always substituted against Senior Citizen Saving Scheme which is lock-in period of 5 years.

In the same period DSPBR Microcap has delivered 7.04% that is the beauty of the mid & small cap fund!

We are not investing on the index and our fund manager has the ability to create more alpha by actively managing their portfolio. 

So do not worry about the Sensex level or its valuations!

I have enclosed the following screen shots to visualize the same!

B. Padmanaban, CFPCM

Certified Financial Planner

www.fortuneplanners.com

98843 49173


Did You Know What happened When The Sensex Falls From All Time High to 23,002 on 29th February 2016? Find Out... Reviewed by Investment Guru on October 02, 2016 Rating: 5 Did You Know What happened                                                                                             When  The Sensex Fal...

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