There is no black-and-white answer. In 2004, it slumped. But it did well in 2009, 2014 and 2019.
That’s a million-dollar question, too. Each election has unearthed a different hero.
Yes. Keep investing. Because if you held your investment in Sensex any time between March ’14 & March ‘24, you’d have earned 12% returns two-thirds of the time. So, think long term
If you started an SIP in an equity mutual fund on election day and remained consistent, you’d earn double-digit returns in five years.
The previous slide shows the power of the long term. On the other hand, if you held an investment for just a month, the chance of earning negative returns would spike to 38%.
There are two reasons why long-term investing can be fruitful for you. Click on the link below and scroll to the bottom of the story to know why.