Looking beyond the alluring returns of MFs

It would be far better if mutual fund analysts look beyond equity funds, when they talk of 'mutual funds'. It's obvious that AMCs follow the 'make hay while the sun shines' strategy in marketing equity mutual funds in bullish market phases. However, we need to reinforce the point repeatedly, that there is a universe of mutual funds beyond equity funds and investment in some of those schemes can be beneficial in bear markets or bull markets. It's sad that rather than educating investors, we carry articles that reinforce the investor's wrong belief that all mutual funds depend on the share market.