On February 24, the Sensex declined 4.7 per cent as news came in of Russia’s invasion of Ukraine. Equity mutual funds’ trailing returns ranged between minus 7.2 per cent and 3 per cent on that day. Their one-month return ranged between minus 10.4 per cent and minus 2.1 per cent.
If your funds’ decline on that day left you unnerved, you need to re-examine your holdings. First, try to understand the source of underperformance. Then, cull out funds that are too risky. Check market-segment exposure Are the funds you are holding large-, mid- or small-cap ...
