THE BSE250 Smallcap Index is down 40 per cent since February 7.
While the Nifty falling 28% in the past one month, many schemes fell even sharper. But, there are a few schemes that have taken a relatively moderate hit compared to others.
Here are five schemes that have fallen lesser than the Nifty in the turmoil.
Amfi has urged the central bank to reinstate the liquidity window to mutual funds to help them tide over the current liquidity crisis.
Stock valuations of players in the sector have turned cheaper after the last few years of underperformance, resulting in a drop in valuations of the sectoral index.
An emergency corpus is critical in uncertain times like this even if it means individuals have to move from equity to debt for the moment. Once an emergency corpus is in place, investors could restart their equity SIPs.
In this strategy, these schemes buy a share and simultaneously sell its futures in the event of differences in value.
The fund has delivered 10.4 per cent returns against Nifty50’s 8 per cent since March 2010.
The final reconstruction scheme for Yes Bank mandates a lock-in for existing shareholders up to 75% of their holding for three years. This means these passive funds will have to hold most of their Yes Bank shares even if the lender is not part of the Nifty.
The current downturn happened when valuations were already attractive, says CIO, HDFC Mutual Fund.
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