The downward slide of the markets will tempt you to redeem your funds, especially if the large chunk of your investment is in equity, to counter any supposed loss. But that is exactly what they are. The losses reflecting in your portfolio is an estimate and completely virtual now. Redeeming your funds will concretise it. That is surely not a well-thought investment strategy.
If you are in a dilemma, then here is what you should do if you think you are losing money in the mutual funds.
1. Don’t PanicIt’s an old adage that says investors lose money in either greed or fear. Thus, a state of excitement or panic is not good. Often investors panic when the markets hit a low. And if you have invested in equity-linked mutual funds, they may get affected. However, making decisions based on short-term lows and highs can be a big mistake. While markets fluctuatein response to sudden global events (wars, pandemics, and more), they almost always bounce back. In the long run, the chances of earning positive returns go up tremendously.
2. It’s Notional Loss till You RedeemUntil you redeem your funds, the losses are only on paper. They get real when you decide to redeem the funds unit at low NAV (Net Asset Value). Many times, investors think of putting a stop loss by redeeming the funds at lower NAV when the market hits a bear phase and looking for opportunities to re-invest when the markets hit its lowest.
Timing the markets like this is never advised. In fact, fund managers are professional who are experts at handling such situations and balancing positions to help you optimise your returns. Thus, stick to your financial plans and goals and leaving the market decisions to the fund managers can be the best bet in the situation. And remember, markets always bounce back in the long-run.
3. Identify the Red FlagsIf you own more than one mutual fund, it is time to look into it individually and identify the red flags. The red in your portfolio might be because you have invested all your money in one sector/industry. It has been very evident for quite some time now that there are specific sectors that have always shown a slow growth despite the market conditions. And it is even harder to foresee their future trajectory.
Your only way out is to do thorough research. Find out everything you can, about the past and present growth scenarios, about the sector you are invested in. If your analysis predicts a healthy growth, then remain invested or else redeem your fund and put it in a different industry. However, if you are not an expert, it may be best to avoid sector-specific or thematic funds as they are riskier compared to diversified funds.
4. Performance ComparisonWhile markets always bounce back, it doesn’t mean you have to do nothing. When the markets enter a bearish phase, it is best to re-asses your portfolio and compare the funds you have with others. You did it in the beginning when you were first making your investments. For instance, if you are currently invested in a small-cap equity mutual fund, compare it with the other higher-rated funds in the same category. If there is not much difference in the performance of the two, then hold on to your investment. However, if the contrast is stark, you may consider switching.
Similarly, you can do a comparison between two categories, for example, small-cap and large-cap funds. Small-cap funds are riskier in comparison to large-cap ones but, they also come with higher return potential. Explore different categories of mutual funds and compare their performance with yours. However, make sure you compare performance of last 5 years or more to ensure you can see how it is performing in the ups and downs.
5. Diversify Your PortfolioLastly, to mitigate any loss in the short-term, it is best to diversify your portfolio. Many investors, invest solely in the equity funds. As mentioned before, equity funds are linked to the stock markets. Thus, any fluctuation in the market will affect the funds as well. The answer to this problem is to prepare a portfolio with the right mix of equity and debt funds.
Balance your long-term equity exposure with the right proportion of lesser risk instruments such as money market mutual funds. Also, follow this pattern across asset classes as well. Seek advice from an expert who can guide you to re-design your portfolio according to your financial goals and risk profile.
You can either choose to diversify by redeeming your mutual funds and then re-investing or you can also choose to make new investments. Consider SIPs that help you take advantage of the Rupee Cost Averaging (RCA) letting you buy more units of the funds when the markets are low.
Keep Calm and Invest WiselySo, when the markets are down, do not let your investments go down with them. Neither be willing to accept the loss in haste. Yes, the results are not as promising now, but in the long run, you will get what you hoped for as long as your portfolio is built on sound principles and in line with your goals.
The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.
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About Aditya Birla Capital
Aditya Birla Capital (‘the Brand’) is the single brand for financial services business of Aditya Birla Group. The trade logo “Aditya Birla Capital” and the URL www.adityabirlacapital.com is owned by Aditya Birla Management Corporation Private Limited (trade mark owner) and the same is used herein under the License by Aditya Birla Capital Limited (ABCL) and its subsidiary companies (collectively hereinafter referred to as “ABC Companies”). Aditya Birla Capital Limited is the holding company of all financial services businesses.
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All of the ABC Companies have their own separate legal identities and webpages (details about which are embedded in their respective web pages/sites) but in this Website they may sometimes use "Group", "we" or "us" when we refer to ABC Companies in general or where no useful purpose is served by identifying any particular ABCL Affiliate.
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You also agree and authorize ABC Companies / its third-party service providers to contact you at the contact information provided for service related communication relating to your product or facilities offered even if your number is in National Do Not Call Registry.
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No fee or consideration or economic benefit either directly or indirectly is associated for availing the assessment through MoneyForLife Planner and therefore it is not to be considered as an investment advice or financial planning and / or investment advisory services.
You agree and understand that use of MoneyForLife Planner does not assure attainment of your investment objectives and there is no assurance that the money objectives will be achieved, as the same is subject to performance of the securities, the forces affecting the securities market and your risk profile. You are advised to consult an investment advisor in case you would like to undertake financial planning and / or investment advice for meeting your investment requirements.
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The facilities on the Website are not intended to provide any legal, tax or financial or securities related advice. You agree and understand that the Website is not and shall never be construed as a financial planner, financial intermediary, investment advisor, broker or tax advisor. The facilities are intended only to assist you in your money needs and decision-making and is broad and general in scope. Your personal financial situation is unique, and any information and advice obtained through the facilities may not be appropriate for your situation. Accordingly, before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your advisor or other financial advisers who are fully aware of your individual circumstances. For more details, please also refer to the Legal Disclaimers provided on the Website.
We may provide you with various money solutions and options which are generally available basis your investment profile or those which are generally held by persons of similar investment profile. You authorize us to use/disseminate the information to provide the Financial Solutions however it is not necessarily for you to act on it. It only serves an indicative use of information which you may execute in the manner agreed by you.
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The information provided on or through the Website is for general guidance and information purposes only and they do not in any manner indicate any assurance or opinion of any manner whatsoever. Any information may be prone to shortcomings, defects or inaccuracies due to technical reasons. Certain information on Website may be on the basis of our own appraisal of the applicable facts, law and regulations in force at the date hereof.
The information (and opinions, if any) contained on the Website may have been obtained from public sources believed to be reliable and numerous factors may affect the information provided, which may or may not have been taken into account. The information provided may therefore vary (significantly) from information obtained from other sources or other market participants. Any reference to past performance in the information should not be taken as an indication of future performance. The information is dependent on various assumptions, individual preferences and other factors and thus, results or analyses cannot be construed to be entirely accurate and may not be suitable for all categories of users. Hence, they should not be solely relied on when making investment decisions. Your investment or financial decision shall always be at your own discretion and based on your independent research; and nothing contained on the Website or in any information would construe ABCL/ABC Companies or any of its employees/authorized representative as having been in any way involved in your decision making process. Any information and commentaries provided on the Website are not meant to be an endorsement or offering of any stock or investment advice.
Nothing contained herein is to be construed as a recommendation to use any product, process, equipment or formulation, in conflict with any patent, or otherwise and Facilities Provider / ABCL/ABC Companies makes no representation or warranty, express or implied that, the use thereof will not infringe any patent, or otherwise. Information on this Website sourced from experts or third party service providers, which may also include reference to any ABCL Affiliate. However, any such information shall not be construed to represent that they belong or represent or are endorsed by the views of the Facilities Provider or ABC Companies. Any information provided or sourced from ABCL Affiliate belongs to them. ABCL is an independent entity and such information from any ABCL Affiliate are not in any manner intended or to be construed as being endorsed by ABCL or Facilities Provider. The information does not constitute investment or financial advice or advice to buy or sell, or to endorse or solicitation to buy or sell any securities or other financial instrument for any reason whatsoever. Nothing on the Website or information is intended to constitute legal, tax or investment advice, or an opinion regarding the appropriateness of any investment or a solicitation of any type. Investment in the securities market and any financial instruments are inherently risky and you shall always assume complete and full responsibility for the outcomes of all the financial or investment decisions that you make, including but not limited to loss of capital. You are therefore advised to obtain your own applicable legal, accounting, tax or other professional advice or facilities before taking or considering an investment or financial decision.
No Information at this Website shall constitute an invitation to invest in ABCL or any ABC Companies. These are meant for general information only or to meet statutory requirements or disclosures. ABCL or any of its employees are in no way liable for the use of the information by you, when making any decision or investing or trading through any investment vehicles or ABC Companies, or any other third party which may be engaged in offering of these services.
The information contained on this Website does not represent and should not be used to construe (i) the terms on which a new transaction would be entered into by ABCL or ABC Companies, (ii) the terms on which any existing transactions could be unwound by ABCL or ABC Companies, (iii) the calculation or estimate of an amount that would be payable following an early termination of any past/existing transactions or (iv) the valuations given to any transactions by ABCL or ABC Companies in their books of account for financial reporting, credit or risk management purposes.
ABCL and ABC Companies are engaged in a broad spectrum of activities in the financial services sectors. You understand and acknowledge that Aditya Birla Money Limited (‘ABML’), Aditya Birla Finance Limited (‘ABFL’) and Aditya Birla Sun Life Asset Management Company Limited and trustees and sponsor of Aditya Birla Sun Life Mutual Fund (‘ABSLMF’) are group companies and ABML / ABFL also acts as a distributor of ABSLMF. Any recommendation or reference of schemes of ABSLMF if any made or referred on the Website, the same is based on the standard evaluation and selection process, which would apply uniformly for all mutual fund schemes. You are free to choose the execution facilities in the manner deemed fit and proper and no commission will be paid by ABSLMF to ABML / ABFL if you choose to execute a transaction with ABSLMF on the Website, unless otherwise agreed by you and ABML/ABFL separately. Information about ABML/ABFL, its businesses and the details of commission structure receivable from asset management companies to ABML/ABFL, are also available on their respective Website.
Similarly Aditya Birla Money Insurance Advisory Services Limited and Aditya Birla Insurance Brokers Limited are insurance intermediaries and engaged in the distribution of Insurance Products and it may services may include products of Aditya Birla Sun Life Insurance Company Limited and Aditya Birla Health Insurance Company Limited. However there is no conflict on these services and commissions if any payable are in accordance of the extant regulations.
The Facilities Provider, ABC Companies and any of its Third Party Service Providers shall not be liable for any delay or failure in performance resulting directly or indirectly from acts of nature, forces, or causes beyond their reasonable control, including, without limitation, Internet failures, computer equipment failures, telecommunication equipment failures, other equipment failures, electrical power failures, strikes, virus, other malicious computer code, hacking, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, flood, storms, explosions, acts of God, war, earthquake, governmental actions, orders of domestic or foreign courts or tribunals, non-performance of third parties, or loss of or fluctuations in heat, light, or air conditioning.
The Facilities Provider, ABC Companies or any of its third party service providers and processor bank/merchants etc. shall not be deemed to have waived any of its/their rights or remedies hereunder, unless such waiver is in writing. No delay or omission on the part of Facilities Providers and ABC Companies, in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.
Either party can terminate this Agreement by notifying the other party in writing. Upon such termination You will not be able to use the facilities of this Website.
Governing Law and Jurisdiction
These Terms and Conditions are governed by and to be interpreted in accordance with laws of India, without regard to the choice or conflicts of law provisions of any jurisdiction. You agree, in the event of any dispute arising in relation to these Terms and Conditions or any dispute arising in relation to the Website whether in contract or tort or otherwise, to submit to the jurisdiction of the courts located at Mumbai, India for the resolution of all such disputes.
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