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  • News From Press Falling Mutual Fund Returns: Why it’s important to plan your exit in advance

    Falling Mutual Fund Returns: Why it’s important to plan your exit in advance

    Redemption of equity mutual fund schemes are increasingly becoming unattractive with broader markets start performing poorly in sync with lagging economic growth.
    The Financial Express Jun 10, 2020

    Nitesh (name changed), a government employee, started investing in Mutual Fund (MF) about 6 years back with a long-term objective of purchasing a house before his retirement after about 20 years. However, after his marriage, his wife insisted that they should have their own accommodation early. With quite a high deduction of House Rent Allowance (HRA) from his salary for staying in government quarter, Nitesh also changed his preference and booked a flat without waiting for retirement.

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