With upcoming global events like the US elections and the US central bank meeting on setting borrowing rate, fund managers are cautioning investors against lump-sum investments in equity mutual fund (MF) schemes.
One must, they say, continue with systematic investment plans (SIPs) and use only sharp corrections in the market for such big-ticket purchases.
Already this year, the segment has seen reduction in lump-sum investments. However, players believe there could be an uptick, particularly from those who had pulled out their investments earlier this year.
