Stock Markets are almost getting back to May levels after the stock market crash. Atleast as far as Mutual Fund NAVs are concerned. I have been an investor in Franklin Templeton blue chip fund for over 2 years.
The NAV on May 25, Rs 104.07, and the NAV as of August 4, 2006 is 102.59.
Eventhough the markets may not have fully recovered and is still considered very choppy, it looks on the path to recovery. Ofcourse this is a mutual fund that invests in the best companies of various sectors and normally these companies are the first to bouce back on an equity market recovery.
I would consider this a good time to start investing in stocks/equity market (via mutual funds) and is surely better than the shock i got after the stock market crash :-). Ofcourse you should have already, I hope. With lots of nice ways to time the market you could start investing in funds more regulary now. I will get back later on how I time the markets ;-)
Good luck investing !
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