My mrs has a bit spare cash .. which my mrs wants to invest in funds. Does the fall in the market means it is a good time to buy a fund? I am a bit of newbie so any help appreciated. I am trying to decide whether to invest in Ing one answer tax effective income (Growth fund) got my eyes on some other funds as well. I have bought some shares in BHP and AXA anticipating some returns when market gets back to normal.