Every hour brings fresh news of the spread of Covid-19. Your biggest priority right now is to keep your family and yourself safe indoors and with enough provisions to last through the lockdown. Investing is at the bottom of your to-do list at the moment. But should it be?
If you have dreams and if you are serious about achieving them, then Covid-19 or not, it’s essential that you stay on track with your investing goals, by continuing to invest in Mutual Funds systematically. By the time Covid-19 is no longer a worry, you could have covered considerable distance towards your dreams by capturing opportunities that may present themselves during this period.
It’s true that markets are volatile right now, but what’s also true is that many good companies are available at attractive valuations now, making this phase a good opportunity to invest. It is quite possible to get more value for your money now as compared to a few months ago.
The good news is that even though it’s advisable to stay indoors, you can still buy, switch, SIP and more via various digital platforms, all from the safety of your home.
Remember, you can always minimize your risk by investing in smaller amounts through a Systematic Investment Plan (SIP). Because a SIP is a continuous investment across a period of time, it helps average out the cost of your investment so that you never have to worry about finding the right time to invest. Did you know that you could start a SIP with as low as Rs. 500?
Click here to use our SIP Calculator and find out how much you will need to start investing to turn your dreams into reality.
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