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Last year was an unprecedented year in many ways with the NSE Nifty first nosediving to the lows of 7,500 and then registering a dramatic recovery.

The rally, which extended to the New Year, is showing the first signs of fatigue, according to some experts.

So, should you pull out your profits or is there more steam left?

In an interview with Money9, Amisha Vora, Joint MD of Prabhudas Lilladher, said economic revival in India has been much stronger than expected and cumulative measures by central banks across the world and the flush of liquidity has helped businesses stem the impact of the pandemic.

She also believes that India is poised to register high growth over the next 4 to 5 years.

On key lesson learnt for investors during 2020, she said continuing SIPs despite the times of crisis was the major takeaway.

“Investors who continued their SIPs even during the pandemic have got huge returns, which accrued during the recent rally. One must avoid stopping SIPs during crisis times to reap the benefits of compounding,” she said.

When asked about what would be the right way to select stocks and invest in equities, she said: “One must look at things in a way that as a buyer if you consume biscuits or shampoos or even toothpaste you can look at buying the stocks of those companies via SIPs and not just be a consumer but also a shareholder -a part owner of the company.”

She also believes that consumption is a long growth story in India and one could keep these consumption related stocks on radar as they will benefit investors in the long run.
“Investors must definitely look at doing stock SIPs for great long-term returns,” she said.