Many DIY or Do-It-Yourself investors are ready to give up on equity mutual funds. They believe that it doesn’t make sense to bet on equity mutual funds as the stock market is likely to be comatose in the next two or three years. They have come up with a solution to the issue: invest the money instead in debt mutual funds.
This is how a DIY investor explained the situation: I am stopping my regular investments in equity mutual funds. I have decided to invest in some medium duration schem ..