Ashutosh Gupta explains how to invest in the market carefully
I've taken a huge sum out of the market (50% of the total value) when it reached 42k levels and then I realised the mistake. Now I want to know the strategy to invest it back through mutual funds?
You should take this experience as learning that it is often futile to try and time the market. Rather than being guided by the market level, you should be guided by your investment goals, time horizon, and risk appetite. Derive a lesson from it and not try too hard to time the markets from here. Rather stay disciplined and focused on this time horizon to make investment decisions.
As far as getting back into the market is concerned, I think you need to do nothing different from what you would have done otherwise. Spread this money and systematically reinvest it in the markets over the next 10 to 12 months.
More importantly, don't keep looking back and feel disappointed about the missed opportunity and not try too hard to recover the opportunity loss that you've had by staying out of the market. That can lead to bigger mistakes that you may regret later. So, be disciplined and methodical about your investment approach and stop looking back.