Here’s what your funds have been upto

Right from diving into a steep -38% trench since its all-time highs to recovering another 30% from the bottom created on 23rd Mar’20, the markets have been greatly rewarding to the patient and wise. As central banks get together to sustain global economies and analysts/investors draw clarity on evolving situations, markets seem to be reflecting the way forward – a brighter way forward. Here’s more on the key metrics promising a brighter economic future: www.fisdom.com/resources/the-yang-in-indian-economys-yin For most wishing to draw an insight from the mutual fund industry’s playbook, here’s what largecap funds bought/sold in the past month: While it may not be correct to construe the above information as an insight to support direct equity investing, it definitely allows an insight into understanding that fund managers have been taking aggressive calls and this, in light of recent developing situations. In any case, unless there’s a change in your financial goal or asset allocation, there should be no reason for you to take any action on your portfolio – rest assured, the fund manager is doing the job pretty well.

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