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  • News From Press Equity MFs that cut ‘expensive’ bets fast weathered the downturn

    Equity MFs that cut ‘expensive’ bets fast weathered the downturn

    Source: ET Feb 28, 2022

    Seasoned investors consider protecting downsides in a falling stock market as important as making the most of a bull run. With the Nifty dropping 12.67% from its peak of 18,604.45 on Oct 19, 2021, to 16,247.95 on Feb 24, many actively managed equity mutual fund schemes have fallen as much as 21% in the period. In the past nine years, periods of market declines have been short and swift but that need not repeat again, making it imperative for...

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