IS THIS THE RIGHT TIME TO INVEST

Now this is the most common question asked now. There were less people asking this question when the sensex was over 20,000. This is sad.

Equity is for the long term. Investment in equity/ equity funds depend only on 2 things -

1) Your asset allocation

2) Your age

3) Your horizon.

Once you have made an asset allocation according to your age & risk appetite -
you should start investing in equity/equity funds. So any time is right time. Please do not look at the sensex level. If the sensex is lower, it is better for you and there is a more compelling reason to start investing. Ideally you should invest only via SIP.
When you are entering a fund - you should not look at the NAV of the fund. You should look at only the performance of the fund in the last 3 to 5 years.
Similarly, do not look at the sensex levels. With inflation over 11% - equity is your best chance to beat it. If you are young - you can afford to be more aggressive.

One more thing I would like to add here is;;; ...
While investing, never ever invest Borrowed Money, Always invest your own money and most importantly your spare money.
In fact, for some who crib that they have practically no saving and even 1000 saving is difficult, my answer is, would you have not adjusted the 1000 if you had to give as interest on a loan taken?
And don't forget that there is even 100 sip available with Reliance Mutual Fund and Lotus Mutual Fund.
I don't think any other investment will allow you such flexibility.
Go for Mutual funds and see your money prosper.
Best of luck,
Srikanth Shankar Matrubai