Equity
MFs OUTPERFORM STOCKS
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Category
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Open
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Close
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Returns(%)
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Sensex
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15,535
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19,476
|
25
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Nifty
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4,640
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5,930
|
28
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Gold
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27,465
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30,540
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13
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Silver
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52,130
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60,170
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18
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Multicap Equity MFs
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33
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Debt MFs
|
9
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RESIDENTIAL
HOUSING
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Delhi
|
7
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Mumbai
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3
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Chennai
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5
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Kolkata
|
1
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Pune
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9
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Source:
Times of India 20th December 2012
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The above mentioned returns are based on the figures of 19th December'12.
It should be noted that again the retail investors couldn't reap in the benefits of the rally in the equity markets.
It always happens that when once the rally is over in any sector, the retail sector starts jumping in big time. Evidence to this is the participation of retail in buying gold. Note that the bullion I'm mentioning isn't gold purchase for consumption but for investment!
The retail sector behaves like a fire-fly; whenever there is a huge fire the fire-fly gets attracted and in the event ends up burning itself. Same happened with retail in 2007-2008 era and same happened in 2012 with Bullion.
I strongly believe that stocks are best bet for investment in the long term. Investment in stocks can be done directly or through various other means such as MFs, ULIPs, Structured Products etc.
Investment shouldn't be done on hear say, but should be done with prudence. After all its your money.
Think! before investing.
The other day i heard someone saying,"We are literate people, we don't show off by wearing gold". I still wonder what it means .... he he :P
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