“Equity mutual funds are your best bet if you are in for the long
haul investment during this Covid19 pandemic” says, Strategist and Analyst
Hirav Shah, from Hirav Shah Astro strategists consultancy. A financial sand
investment strategy company working with clients from across India and globally.
The eternal confusion of whether to invest in gold or mutual funds
has become even more interesting in 2020. Covid19 pandemic has caused loss of
jobs, startups to shut down, multiple business sectors facing an all-time low.
But most of all, it has changed priorities. So, what should be your investment
priority?
According to industry experts there are some Interesting facts that
the investor should keep in mind. Investing in gold can be either in physical
form, sovereign gold bonds (SGBs) or gold Exchange Traded Funds (ETFs). Out of
these SGBs provide interest as well as price appreciation. Gold prices have
surged a record 36% since the beginning of this year and crossed Rs.56,000. As
an asset class, gold funds have no default or credit risk. And After the
economic crises, gold was the first asset to bounce back in both 2001 and 2008.
Whereas, food mutual funds on the other hand, according to
industry experts, Mutual funds have many broad classifications; so, either
regular or direct, equity or debt, sector wise divisions, SIP (Systematic
Investment Plan) or lumpsum, and more. Some of the best performing mutual funds
have given marvelous annualized returns like 21% for Franklin India Taxshield
fund since inception and 13% in the last 10 years. 20% of Mutual funds beat the
market in 5 years.
And It is a myth that mutual funds are only for long term. Short term
investments can also be made. Although ‘time in’ the market is more important
that timing the market in case of mutual funds.
According to Astro Strategist Hirav Shah, your
investment in 2020 should be based on the time period you wish to stay invested.
“So, whether you are a short-term contender or a horse for the long race, here are your options
include, Gold investment. It is a better choice for short term as
of now. Gold prices are upwards of 56K INR and will show 10-15% rise in the
next two months. The period till Diwali is beneficial as gold prices are
expected to touch 65-68K. Thereafter the prices will show decline.” Said Mr
Hirav Shah.
According to him, Mutual funds are not suggested for the short
term in current scenario. “markets are
volatile, which works in favour of gold. And with the US Election on the
horizon, the volatility will remain with severe ups and downs for the stock
markets.” He added.
Equity mutual funds are your best bet if you are in for the long
haul. History shows that after any economic crises, there is a sharp rise in
the markets and that rally is definitely, worth staying invested for. “Over the
years, the gains overshadow the losses. You will not only beat inflation but
get record returns as well.’ Said experts.
According to Hirav Shah, “2020 is the ‘Year of Gold’.
2021 will be the ‘Year of Mutual Funds’ and both options can prove
very lucrative for the investors. So, stay positive, choose wisely and grow
your money! May there be a lot of money in your bank account”.
About the company.
Hirav Shah Astro strategists consultancy Is a brain child of Hirav
Shah. He is an Astro-strategist, and one of the top influencers in the circle
of corporates, Hollywood, Bollywood, sports and politics. He believes luck is a
factor that cannot be ignored in the equation of success and its inclusion with
business principles, makes SUCCESS attainable.
His work has touched the lives of top entertainers from Hollywood
to Bollywood, Also famous athletes in both the USA and India. High Net Worth
business leaders routinely seek his advice as well as Hirav is able to apply
his proven techniques to businesses as well as people, and last but not least
he also consults with political parties and leading politicians who are seeking
advice and counsel.
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