In the five-day announcement of the Rs 20-lakh-crore stimulus package, we have been evaluating its impact on the markets and if you look at it, the market has reacted. Take any kind of equity fund and you'll see that we are down by 13-20 per cent, depending on the kind of the fund invested in. To give some perspective, large-cap funds have fallen by about 13 per cent, while mid and small have roughly fallen in the range of 18-20 per cent.
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