Negative returns in various schemes of the stock market upside down

Ahmedabad. March 16, 2020, Thursday

Mutual fund investors, which have been pushing up to 5% from their top level in five different schemes in the mutual fund sector, have also been hit hard by the fierce upturn in the stock market this March following other adverse reports, including corona viruses. There was a scuffle. But, with these adverse events occurring in March, the Indian stock market is also severely affected by the massive erosion in the global markets.

According to the available market data, the Sensex has shrunk by 8% in the last one week and 7.5% in the last one month. Thus, in the month of March after the erosion of the Sensex, there has been a massive erosion in investor capital.

Mutual funds, which have fluctuated the stock market, also have a direct adverse effect on the NAP of various funds. It has also been adversely affected by equity and ELSS schemes. However, other funds have not survived this adversity.

According to a recent study conducted on the impact of various schemes of mutual funds on the decline of the stock market, the results of the schemes of various fund houses have been adversely affected by their all-time highs from 5% to 5%.