Site icon News Azi

Equity MFs that cut ‘expensive’ bets fast weathered the downturn

Going underweight IT, pharma, cement and buying into select auto, consumer and energy names helped this midcap fund during the market turmoil.

Synopsis

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.

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

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@newsazi.com. The content will be deleted within 24 hours.
Exit mobile version