Faced with a volatile stock market, RBI governor fiasco and state election debacle for BJP, many mutual fund advisors have turned extremely cautious. These advisors are asking their new clients to stock to largecap mutual fund schemes until a clear picture emerges after the parliamentary election next year.
“The cautious mood has been there for some time now. The market has been volatile for the best part of the year. And nobody knows the outcome of the election next year,” says Suresh ..
