Due to the decline in the stock market over the last 2 months, the return of Systematic Investment Plan has been negative in many equity mutual fund schemes. The returns of 1-year's SIP in quite a few equity mutual funds are up to 9 percent negative.
Stock Market Crashed By Three Shocks
Since the budget is introduced on February 1, the stock market is continuously falling. In the budget, there was a proposal of dividend distribution tax along with long-term capital gains tax in the stock market. This led to a decline in the stock market for several days. As soon as the fall was there, the Fraud was found in PNB. Later similar frauds appeared in many other banks. After this, the recession began again in the stock exchanges. After this, when everything seemed normal then now the trade war started between the United States and China. It is affecting the whole world. This has also seen a decline in the Indian stock exchange.
According to the share market expert, investors should not try to make time for the stock. Because it is not probable to know when the market will be at the top when it is lowest. In such a situation, it should be invested only in making a special approach. At this time, the returns of many SIPs of one year have been negative, but this does not mean that the investment should be closed. If SIP is running in the good plan, then it must continue in this fall period. Its benefit is very good later on.
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