Edelweiss MF CEO Radhika Gupta flags difficulty in timing the market: ‘For us dumber investors...'

Edelweiss Mutual Fund CEO Radhika Gupta highlighted the difficulty of timing the stock market in light of the sharp rally seen in Indian indices today.

Indian benchmark indices – Sensex and Nifty 50 – rallied over 3.5% each in trade today to post the best single-day gains in over four years. This rally also added ₹16 lakh crore to investor wealth, as India's market capitalisation reclaimed the $5 trillion mark. This rally came amid a deal between the US and China and the India-Pakistan ceasefire.

Against this backdrop, Radhika Gupta, in a post on social media platform X, on May 12, stressed the need to stay invested and stay patient, as such good days make up for a large part of yearly returns.

Gupta said, “While there are proponents of taking cash calls, days like this remind you how difficult market timing - both entry, exit and re-entry - for individuals and fund managers are. A large part of a year's returns come from a few critical days, and those are hard to predict.”

For us "dumber" investors, staying invested and staying patient is the easier and more effective thing to do!, Gupta added.

More to come...

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