Today the market has seen 2.7% fall and last one month market return is -1.5%.
Though this correction is not significant, most of our colleagues are worried. It's not this small market changes they are worried about rather they are considering the possibility of deep market correction which is due since long time. Last 4 years, the Indian Equity market has been uni-directional and delivered a good return, but every market rally has to correct at some point. Equity markets always grow between up and downs.
None of us can predict the market with certainty but what we can do is to keep our portfolio aligned by taking notes from the current economic outlook.
Its time to tilt our portfolio towards the large cap and hybrid funds. These portfolio actions will keep our portfolio better equipped to manage any unfavorable conditions.
