Yes, most definitely. Ideally the investment period in a equity oriented fund, to be able to realize the full potential of returns is a minimum of 5 years. This is because there are lots of ups and downs in the equity market and investing for a short term might not give you proper results.
Is it advisable to park lumpsum in this type of funds if the investment period is for 5+years ?
Yes, most definitely. Ideally the investment period in a equity oriented fund, to be able to realize the full potential of returns is a minimum of 5 years. This is because there are lots of ups and downs in the equity market and investing for a short term might not give you proper results.