The report found that, while the percentage return is marginally higher for SIPs that started at the bottom of the market cycle, the absolute gain in rupee terms (wealth creation) is far higher for SIPs that began at the top.
"Trouble is, if everybody is in the S&P 500, and they're all selling at the same time, the S&P isn't really that safe," BofA's Savita Subramanian said.