Financial planning to pursue major life-goals has become a key priority of investors in India. While investment in stocks is still at a nascent stage, mutual fund investments have seen a huge surge in recent years.According to Amfi data, equity-oriented mutual fund schemes witnessed a total inflow of over Rs 1.7 lakh crore in 2017-18. The turbulence that the market has been experiencing has started playing with investor psyche. Just because the market is moving in one direction does not mean it will not change direction sooner or later. In fact, the decision to start an SIP itself puts an investor on the path to financial prosperity.

Source: Economic Times April 24, 2018 05:51 UTC