The last one month may have been scary for many investors especially those who are facing a full blown bear market for the first time. In the last one month, Nifty 50 has fallen 32% and is trading below 8000. The last time we saw Nifty below 8000 was back in 2017. We are not alone in this situation. The rapid spread of Coronavirus around the world has badly affected market sentiments. Most of the major stock indices including Dow Jones, S&P 500, Nikkei, FTSE, DAX, etc have fallen nearly 20% by more than 30%.
Equity as an asset class is intrinsically volatile. However, there are periods where investors can face extreme volatility which can test their patience. We are going through such a period now and we do not know how long it will last. However, investors should understand the difference between risk and volatility.
An Investor Education and Awareness Initiative by Mirae Asset Mutual Fund.
For information on one-time KYC (Know Your Customer) process, Registered Mutual Funds and procedure to lodge a complaint in case of any grievance Click Here.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.