Equity saving schemes fell 11% in one month. Time for conservative investors to rethink?

Equity saving schemes are sold as `one of the safest’ investment products. A typical sales pitch goes like this: “look at the portfolio. It is debt, arbitrage, and a little bit of equity. And you also get equity taxation. It is a win-win situation for conservative investors.” However, the ongoing bloodbath in the stock market following the coronavirus pandemic has laid bare the claim. The equity saving category has fallen 11.37% in the last one month and -12.59% in the last three months after the stock market started reacting to the spread of COVID-19 across the globe.

Click here to read more>>