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Corona Virus Effect: In Just 9 Days Rs 27 Billion From Those Who Invested Money In These Mutual Fund Schemes

New Delhi. Due to the corona virus from China, there is a down period in stock markets around the world including India. In this fall, 27 billion rupees from mutual fund investors went under. The biggest drop in this has been in the large-cap fund scheme. Between February 19 and 28, there was a loss of Rs 6685 crore in large cap funds (Top Mutual Funds Scheme Returns). However, experts say that investors should not panic at such times. Rather, when there is a decrease, the investment must increase even more. Because this decline will not last long. In such a situation, when the recovery comes, money will be made fast only in large cap funds.

27 billion rupees drowned in 9 days

Experts say that due to the slump in the stock market, a total of Rs 27 billion of investors have plunged into large-cap, multi-cap, mid-cap, small-cap, large-mid-cap, value fund scheme mutual funds, focused scheme, counter funds and sectoral funds. schema.Is.

The total AUM (assets under management) of these scheme funds as at 19 Feb 2020 was Rs 6,81,312 crore. That on Feb 28, 2020, the AUM fell to Rs 6,54,358 crore. In this regard, it fell by 4 per cent, ie 26,954 crores.

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(1) Large Cap Funds Total AUM of Rs 1,49,809 crore fell from Rs 1,56,494 crore to Rs. There has been a decrease of Rs 6,685 crore (4.27 per cent). These figures are from February 19 to 28.

(2) Multiple capitalization funds Total AUM of Rs 1,51,945 crore fell from Rs 1,58,182 crore to Rs. There has been a decrease of Rs 6,237 crore (3.94 per cent) on this. These figures are from February 19 to 28.

(3) Mid-Cap Funds Total AUM of Rs 90,859 crore was reduced to Rs 88,317. 2,542 crore (2.80 per cent) has decreased on this. These figures are from February 19 to 28.

(4) Small Cap Funds Total AUM of Rs 52,575 crore was reduced to Rs 51,044. There has been a decrease of Rs 1,531 crore (2.91 per cent). These figures are from February 19 to 28.

(5) Large Mid Cap Funds Total AUM of Rs 58,552 crore has been reduced to Rs 56,353. There has been a decrease of Rs 2,199 crore (3.76 per cent).

(6) Value Fund Plan The total AUM of Rs.48,160 crore has been reduced to Rs.45,817. There has been a decrease of Rs 2,343 crore (5.87 per cent).

(7) Focus Funds Total AUM of Rs 45,707 crore was reduced to Rs 44,140. There has been a decrease of Rs 1567 crore (3.43 per cent).

(8) Against Funds The total AUM of Rs 7,207 crore has been reduced to Rs 6,971. There has been a decrease of Rs 236 crore (3.27 per cent).

(9) Sector Funds Total AUM of Rs 63,576 crore was reduced to Rs 59,962. There has been a decrease of Rs 3,614 crore (5.68 per cent). These figures have been taken from Mutual Funds Guru.

What should investors do now?

Financial experts have warned that many mutual fund investors have a desire to make a big decision right now. But they should refrain from doing so. According to experts, there will always be ups and downs in such a stock market. But the thought of withdrawing money in bad situations and reinvesting money in good conditions is not correct. This type of strategy is always detrimental.

Vinod Dixit, MD, Escort Security says investors need to focus on their goals. It is not good for long-term investors to withdraw their investments repeatedly and then put them on the market. His advice is not to try to find out the moment of the market. Pay attention to your goals. There may be news of a further drop in the market. However, panicked investors should not stop their SIPs.

Mutual fund dips are a good opportunity to win. Because this is the time to increase units and average your investments. Investing in stocks with a low valuation can generate good growth in the future. He says that the asset allocation strategy may be better for investors in current times. Aside from this, multicap funds are also a good option. With this, investors can also diversify their portfolio.

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