Pehla Kadam - Baby Step in the field of Investment
I had an opportunity to attend grand finale of Pahla Kadam, an initiative to educate the investors by CNBC Awaz alongwith AxisDirect, SBI Mutual Fund. It was good opportunity to read the mind of Fund Managers of leading MFs at a common platform. They tried to impart the right knowledge to the viewers, empowering them to make informed decisions about their investments. Whether it is Navneet Munot of SBI Mutul Fund or Arun Thakural of Axis Securities, they agree that there is a historic evidence that investment cycle normally run for seven years, for two three years market will move upward, one or two years goes steady and then it shows the downward trend. So whenever there is an downward trend the investor should not panic, it is right time to invest because the market will recover after few months. Another tip from the Fund Managers is to be patient. One should hold his investment for few years only than it will give good return. He should not try to sell hi...