I’ve been doing an SIP of Rs 10,000 in an equity fund for the last two years. However, so far the returns are not impressive. Should I stick with my investments or switch to other asset classes like gold?
-Himanshu
We would urge you to stick with your equity fund investments because equity proves to be the best-performing asset class over a long period of time. Furthermore, two years is not long enough to evaluate equity investments. And markets like these are the best time to accumulate your savings in equity. So stay on course, and carry on with your plan. It will prove to be rewarding.
This article was originally published on September 27, 2012.