These volatile times in the stock market may look turbulent for traders and short term investors, but for long term investors this should not be much of a botheration. With a favourable demographic profile and being a developing economy, India has great prospects of growth . Even if you consider all the negatives, a return of 12-15% per annum over next 10 years seems very much possible.
We should understand that time in the market is more important than timing the market. A regular and systematic investment will definitely help good returns over the long term.
Investing regularly for long run and not tracking the markets on a day to day basis would help your investments generate good returns and a good night's sleep too.