Investors who have put money into large cap-oriented equity mutual funds through the systematic investment plan (SIP) over the past three years are wondering whether they should add to their equity mutual fund investments and SIPs.
This is because returns from some large cap-oriented equity fund SIPs over the past three years are now marginally positive, while a few have even slipped into the red. For instance, returns from Franklin India Bluechip Fund's are a meagre 5.19 per cent, while HDFC Equity's are down to -0.21 per cent, and ICICI Prudential Focused Bluechip Fund's are down to 4.04 per cent.
Active mid, small-cap funds look smart in this market correction
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