This is a limited period basket specifically created so that investors can take advantage of Warren Buffetts timeless wisdom, "Be fearful when others are greedy and greedy when others are fearful.
First three months of the year 2020 have been a roller coaster ride for the markets, from making all time high of 12,430 and then falling more than 30% in just a matter of few weeks. There is widespread panic in the market because of the corona virus outbreak. What should an investor do during such times? Buy more? Sell? or just hold and stay away from markets?
The answer is simple - "BUY GREAT QUALITY STOCKS FOR LONG-TERM"
Study of similar virus outbreaks in the past and its impact on markets world-wide suggests the markets have almost always bounced back in 6 months. No one can tell where the market is going to be tomorrow or even after a month, it could be up or it could be down, but it can be said with lot of certainty that it will be up after 10 years. Ignore the short-term noise and invest for long-term.
Such times of panic are opporutinies in disguise to accumulate great businesses that are now available at reasonable valuations. True wealth can only be created by buying good businesses at reasonable valuations and holding them for long-term.
Invest in this limited time basket which is created by including stocks from various sectors that offer great value and are expected to come out of this difficult time much more stronger to generate superior returns over the next 5-7 years.
How does StockBasket Pricing Compare with other asset classes -
Fee Structure -
Current value of Rs. 100 invested at the inception of this Basket would be.
StockBasket Returns
Nifty Returns
StockBasket invests in top 100 marketcap companies using ICICI Prudential Nifty ETF for top 50 companies and Reliance ETF Junior StockBasket invests in top 100 marketcap companies using ICICI Prudential Nifty ETF for top 50 companies and Reliance ETF Junior StockBasket invests in top 100 marketcap companies using ICICI Prudential Nifty ETF for top 50 companies and Reliance ETF Junior