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Equity Mutual Funds have temporary set -back due to huge
Seasoned investors consider protecting downsides in a falling stock market as important as making the most of a bull run. With the Nifty dropping 12.67% from its peak of 18,604.45 on Oct 19, 2021, to 16,247.95 on Feb 24, many actively managed equity mutual fund schemes have fallen as much as 21% in the period. In the past nine years, periods of market declines have been short and swift but that need not repeat again, making it imperative for the investors to regain the lost ground if any, soon .
“Indian markets opened in red tracking global cues as investors continue to monitor Ukraine crisis amid rising tensions of potential invasion keeping investors on the edge for second consecutive week. During the afternoon session market pared some losses as buying in frontline stocks were aiding sentiment. Traders took some solace with Crisil Research’s statement that India’s industrial activity is expected to gather pace in the coming months owing to a gradual pick-up in consumption as well as investment demand. However, the relief rally couldn’t hold long and markets drifted lower in closing session as fresh news over Ukraine crisis dampened the fragile sentiments.”
Indian equity markets ended lower for the fourth consecutive session on Monday amid volatility as investors continued to assess the Ukraine crisis.
Benchmark Sensex fell 149.38 points or 0.26% to end the day at 57,683.59, while Nifty was down 0.40% at 17,206.70.
On the Nifty, Coal India, Hindalco, UPL, ONGC and Adani Ports were among the top losers while Wipro, Infosys, Shree Cements, Power Grid Corp and ICICI Bank rose the most.
Barring bank index, all other sectoral indices ended in the red with capital goods, FMCG, metal, oil & gas, pharma, power, realty down 1-2%. Broader markets were also under pressure, with BSE MidCap and SmallCap indices down 0.8-2.2%.
Investors with huge cash market positions are advised to hedge them through F & O contra so as to minimise the loss.
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