hi!
It's ridiculous to expect FM to save the market if the market really starts going down.NO FORCE ON EARTH except god can save it if the market really starts going down! By forcing the UTI, LIC,SBI to buy stocks at falling market as was done in 2000,the real losers will be the unitholders of MUTUAL funds.Just compare the performance of PRIVATE equity funds like franklin,reliance,HDFC etc and our sbi,lic,uti funds.
So,anyway ultimately small investors get hurt.
Stock market is a different animal friends.
Disciple.