Indian stock market, March 3 -- Investing in equity mutual funds can be a great way to build wealth over time, but whether it's the right time depends on various factors such as market conditions, financial goals, and risk tolerance. The recent roller-coaster ride on Dalal Street has left many investors pondering whether it's time to invest in equity mutual funds.

The Indian stock markets have experienced a notable downturn in the last five months. The Nifty 50 saw a roughly 15.8% decline, falling from 26,277 to 22,124. The BSE Sensex corrected by approximately 14.9%, closing at 73,198. The Bank Nifty also fell, finishing at 48,344, 11.25% below its peak.

On whether one should continue with the monthly SIP or stop monthly SIP payment un...