Effect of Corona virus – In just 9 days, those who invested in these mutual fund schemes lost Rs 27 thousand crores.

New Delhi. Due to China’s Corona virus, the stock market crash is continuing in the stock markets around the world including India. In this decline, Rs 27 thousand crores of Mutual Funds investors have been lost. The biggest decline in this has occurred in the schemes of large cap funds. Between 19th and 28th February, there has been a loss of Rs 6,685 crore in large cap funds (Top Mutual Funds Scheme Returns). However, experts say that investors should not panic at such times. Rather, investment should be increased further in case of decline. Because this decline will not last long. In such a situation, when recovery comes, money will be made quickly in large cap funds only.

Rs 27 thousand crores lost in 9 days
Experts say that due to the fall in the stock market, a total of Rs 27 thousand crores have been lost by investors in largecap, multicap, midcap, smallcap, large-midcap, value funds scheme, focused scheme, contra funds and sectoral funds schemes of mutual funds. Is.

As on 19 February 2020, the total AUM (assets under management) of the funds of these schemes was Rs 6,81,312 crore. Which on 28 February 2020, AUM fell to Rs 6,54,358 crore. In this respect, it fell by 4 percent i.e. Rs 26,954 crore.

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(1) large cap funds The total AUM of Rs. 1,56,494 crore fell to Rs 1,49,809 crore. There has been a decline of Rs 6,685 crore (4.27 percent). These figures are from 19 to 28 February.

(2) Multicap funds The total AUM of Rs. 1,58,182 crore fell to Rs 1,51,945 crore. There has been a decline of Rs 6,237 crore (3.94 percent). These figures are from 19 to 28 February.

(3) Midcap funds The total AUM of Rs. 90,859 crore fell to Rs 88,317 crore. There has been a decline of Rs 2,542 crore (2.80 percent). These figures are from 19 to 28 February.

(4) Smallcap funds The total AUM of Rs. 52,575 crore fell to Rs 51,044 crore. There has been a decline of Rs 1,531 crore (2.91 percent). These figures are from 19 to 28 February.

(5) Large Midcap Funds Total AUM fell to Rs 56,353 crore from Rs 58,552 crore. There has been a decline of Rs 2,199 crore (3.76 percent).

(6) Value Funds Scheme The total AUM of Rs. 48,160 crore fell to Rs 45,817 crore. There has been a decline of Rs 2,343 crore (5.87 percent).

(7) Focused funds Total AUM fell from Rs 45,707 crore to Rs 44,140 crore. There has been a decline of Rs 1567 crore (3.43 percent).

(8) Contra funds Total AUM fell from Rs 7,207 crore to Rs 6,971 crore. There has been a decline of Rs 236 crore (3.27 percent).

(9) Sectoral funds The total AUM of Rs. 63,576 crore fell to Rs 59,962 crore. There has been a decline of Rs 3,614 crore (5.68 percent). These figures have been taken from Mutual Funds Guru.

What should investors do now?
While giving advice, financial experts have said that the desire to take a big decision increases among many mutual fund investors at such times. But they should avoid doing so. According to experts, there will always be ups and downs in such a stock market. But the thinking of withdrawing money in bad situations and then investing the money when the situation becomes good again is not right. This kind of strategy always proves to be harmful.

Vinod Dixit, MD of Escort Security, says that investors should focus on their goals. Repeatedly withdrawing your investment and then investing it in the market is not good for long term investors. His advice is not to try to time the market. Focus on your goals. There may be news of further decline in the market. However, investors should not stop their SIPs out of fear of this.

Effect of Corona virus - In just 9 days, those who invested in these mutual fund schemes lost Rs 27 thousand crores.

Fall of mutual funds is a good opportunity to earn money. Because this is the time to increase units and average your investments. Investing in shares running at low valuation can provide good growth in future. He says that asset allocation strategy may be better for investors at present. Apart from this, multicap funds are also good options. With this, investors can also diversify their portfolio.

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Tags: business news in hindi, Corona, mutual fund investors, mutual funds

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