Equity Mutual funds: How to take advantage of a market correction phase?

Mutual funds investment plans for a beginner might be a nightmare if the investor is unaware of the basics of equity investment. According to tax and investment experts, equity mutual funds are subject to market risk and hence it is important for an investor to know one's risk profile before making any mutual fund investment. Similarly, there is need for proper asset allocation, limited portfolio review frequency and discipline in investment. They asked mutual fund investors to remember that one thing good for others might not be good for them and hence there need for an investor to understand that there are some rules to follow before investing in equity mutual funds.

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