Will this market crash come to a halt now and reverse or should I wait to start my investments? Also, please suggest two such funds wherein I can make regular investments and build an adequate corpus to increase my future income.
It's a very tough question because I don't know when this fall will reverse. But if you are waiting for the bottom to make your investments, then doing so is a very difficult task. No one can tell you when that time will come, as it's a very difficult guess. Thus, it's better not to get into all these.
Axis Bluechip Fund, Canara Robeco Bluechip Equity Fund or Motilal Oswal Focused 25 may be good funds to invest in. If you have a lump-sum amount, then spread it over a period of time so as to average your market cost. This way you'll be able to save yourself from the surprises the markets will be giving you.
To reiterate, we don't know when this crash will pause and markets will reverse. But I'm sure we'll look back at 2020 and remember what great opportunity the year presented and how we benefited from it. But if you just wait for the bottom, the market may rise suddenly and then you'll be just sitting on a lost opportunity.