Are investors consciously avoiding equity funds?
That seems to be the general idea. A strong element of caution is guiding the market’s behaviour when it comes to equities. One feels that the tendency will sustain, at least till the Budget is presented in Parliament. Whether a clear direction will be established after its presentation is not for me to predict. But it may well set off a new beginning. Investment advisors are largely trying to ensure that their clients are not exposed to too much risk at this critical moment. That is probably preventing a large pool of investors from making additional allocation to equities. However, this is not to suggest that we are discouraging them from making long-term investments in equity funds. Those who have time and patience on their side can certainly take a look at these schemes. A systematic approach, marked by regular investments in small doses, can be adopted to tide over uncertain conditions. A disciplined investor is likely to succeed over a decent span of time. But then, selling debt
