Investors who were chasing mid and small-cap equity funds till recently are now looking for safe havens. Though benchmark indices (Sensex and Nifty) are still close to their highs, the deep correction in the mid and small-cap segments has dampened investor sentiment. Investors are seeking refuge in less volatile product categories such as equity savings funds and dynamic asset allocation funds. Mutual fund distributors have also started pushing equity savings as ‘safe products’, pointing at the ..
