As volatility continues in the Indian markets in the new year, experts advise mutual fund (MF) investors to exercise caution and refrain from making substantial investments, both on the buy and sell sides.
Indian equity benchmarks have come under heavy selling pressure since the turn of the year as the Nifty 50 corrected 2.4 percent on a year-to-date (YTD) basis till January 13. The broader markets have seen deeper cuts as the Nifty 500 is down 5.05 percent during the same period. Further, the Nifty Midcap 150 is down 8 percent, and the Nifty Smallcap 250 has plunged 9 percent.
