Re: Analysis of MFs in 'Bear' Market !!
Thanks Vicky for the Input
I have received 'first account statment' for all the funds I started investing on Jan 21 except DSMPL Equity. I guess it is a mistake that I had applied for SIP for 6 months whereas the minimum period is for 12 months. Now that I understand that it has been hammered, I hope they will reject it. I would then go for Franklin Prima.
Regards
Jeet
Thanks Vicky for the Input
I have received 'first account statment' for all the funds I started investing on Jan 21 except DSMPL Equity. I guess it is a mistake that I had applied for SIP for 6 months whereas the minimum period is for 12 months. Now that I understand that it has been hammered, I hope they will reject it. I would then go for Franklin Prima.
Regards
Jeet
DSP ML Equity got hammered during this correction.
Losing lesser that the average fund was Franklin Prima Plus. It held its ground as it had so many times in the past. The rest of the funds lost about 16% on an average, like most of the funds.
Funds like Magnum Contra should do well during a bear market (ex 2000-2001). During correction phases as these it behaves like almost any other fund.
Losing lesser that the average fund was Franklin Prima Plus. It held its ground as it had so many times in the past. The rest of the funds lost about 16% on an average, like most of the funds.
Funds like Magnum Contra should do well during a bear market (ex 2000-2001). During correction phases as these it behaves like almost any other fund.