Is volatility good or bad? I’ve often seen that it is perceived to be an investor’s worst enemy. As per Marcellus Investment Managers, Indians have broadly 56 percent of their assets in bank fixed deposits and 23 percent in insurance-based instruments such as unit-linked and endowment policies. Just a paltry 7 percent has been invested in mutual funds, as per a report from the Reserve Bank of India (RBI) household finance committee.