VineetKumarGupta :
It’s not a good investment for long term. When equity falls, it will fall hard. Same is the case for rise. But in the end, returns will be like debt fund.
VineetKumarGuptaSkyInvestorOP:
Fund performance depends on 3 items. Equity, high yield bonds and convertible bonds. So S&P rising is not sufficient alone for higher NAV.
SkyInvestorOP Mooooney: Is a good time to start dca? Once interest rate drop this fund nav will shot up?
VineetKumarGupta : It’s not a good investment for long term. When equity falls, it will fall hard. Same is the case for rise. But in the end, returns will be like debt fund.
SkyInvestorOP VineetKumarGupta: But s&p 500 is rising hard? And this fund nav is dropping? Is this normal ?
VineetKumarGupta SkyInvestorOP: Fund performance depends on 3 items. Equity, high yield bonds and convertible bonds.
So S&P rising is not sufficient alone for higher NAV.