Motilal Oswal S&P 500 Index Fund - Annual Update
Last year (i.e. around 365 days ago) I wrote about how you could invest in the S&P 500 in the US, it was through an NFO mutual fund. And while I don't like mutual funds, this one has done well.
The Zen Master
Whether you want to book the returns is upto, and whether you want the money now, and you can find a better avenue to put the money to use. I however, am holding onto this. If it doubles, I'll sell half - that's the general thumb rule to booking profits.
So let's have a quick look at the returns from an absolute perspective, as well as a more accurate return - using XIRR - to factor in time value of money.
Would I invest more now, as of now... no. The market is seeing all time highs, that's not an indication that things will go down, for sure. But there is a high possibility we will see a correction (not a crash), and then it will resume its trend for next few years.
However, if you have the appetite for risk, be my guest - just be willing to see a loss of 30-50% if it happens.
I'm drafting up a post on how you can invest in US stocks, through a custodian or even directly, that would be more beneficial in the long run, as you know - I hate paying an expense ratio for mutual funds.
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The Zen Master
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