OE Ca ‘Tar Economic Toes yy ne a | STORE ale ia > PTY are BUYINGA AO cy IT'STIMETO BETON AREYOU | tacos DITCHING FUNDS liq FORSTOCKS? Ley Equity mutual funds are witnessing heavy outflows, but retail participation in stock markets is soaring. Investors should a Lee 4 aly) be aware of what they are getting into. P2 2 = & S +6 Eval a = ric) o @é BOWL SHO) , 4 eA . Lea‘By SanketDhanorkar or 16 yar Anmdana basnd ates manager Manexxouart (Gexpturenstatul on vesting nor Astor cuyagaodran arya {hanexcing “afer bullingupexpecta- “They keopaskingustopatin mane garb orn martes ar dnb eeu eeeing hatbehaste ftromedhstund investors xp ‘mating stor, cater) Ramennmaran (etre) eum up sary oe ‘March baton’ ee NAV fegity fusing ptothosanoeriet [hare ‘dnitsne accounts manager name ompany-Horamaininiste neq er po, DLAs be WO bepULIRE {epngenceNAvsmovetp. ‘Mutual tundarenavinga engine maingononvstors. An BT Wen sr ‘jensen bimeners ound ro ‘eo hehles nan nite Apel ‘wed accounis ins ben riigstodly ‘mopasterecmont unas wa oan Ser Pare 9. Tnapandemienassanssaboon ‘nsec gat a Drenthe sont thediconnect Ss ‘etareprice Asean 25} salon ‘owscers pond danatarcounsn cht pstvemormnsaipmsr noe ‘maniac. Atatlownershipinias ggestsoce ines tae Ditysoo eatheds orang inte Equity mutual funds are witnessing heavy outflows, but retail participation in stock markets is soaring. Investors should be aware of what they are getting into. Are MF investors moving to stocks? Three out of 10 Investors have quit MFs completely. 17.4% — 30% ety neta memes wie 7.6%— own Sore 45) (omnes ns Sunoquarier, bu? Homcanyou say exsorestocks At robinhoogganghasemerssdirt. EMFINECRTeUFORT? ‘umphantcolr Wim nesockmareton ‘minsrinathezimbeasceicrna Disenchanted with MES SoahThemiodsgunrte Dushowlong Pooreturs dockage) nds over ‘rilquroais wiaiopenoca, input tre tobe verte mala omancesgocownnilagan?Wwiltne —grpeotinvestors Neer four eutovery fawbicinsorsiaiehesppenatosay — AvewdlidualswhaareshingomHave investors abandoned equity are MF investors mutual funds completely? ing to stocks? A third of Investors have exited all MF Investments. Anaemic fund returns have led'to disenchantment. 30.3% vanes si 78.9% 30.2% 321% 34.0% = [ “— mr ENS Mee Laan pate re cones “Gag recen ogress in ‘hewn ‘ale arpecop uly nds taney pany 2a% ote tupast Oo yearsant ‘maretrebowtadronetan®'- atthe Akptsotte Maen ows, hector at ‘atesres have ere veneers Stre~anwourodroearsngsal ives Sune ote csenchanne WhO funteedownsomiseling Soot. {ery worgprantasdhighdoate dg ‘cingta capers quia. Rates ave een so eq vbr assured “Taspromis 6% "earnenth sero diem py ot ‘ave ardrsenany dsendscoaine ‘GrougaussKonart Tisnesceasst ‘many trump ey tds ‘Mamvouteroespndons aimed ‘osnurunganay rom equ runsnave to arinestmens utr More Stanhope ‘vee pray. somworniscante ‘tuted proton avesrsare Sonewwattre ewer eqatyanasata totems omser manila 8 ‘ites arodesrtgmuualinas ecase hey av oan ends. ‘Toeaceorrustis ova torecen is ‘ate —ratngaoungraas dese ‘ngroturnsan prominent sua se Sting own sires me {teepisoteratectedontdeteana hybrid fanyatthoeshingaredsing sods. spiotiegubianceofinencal planners, Planersatmontne overrated ett ftvcetomrestrstosaypatineul” fusions ate ores tote ‘moron ny woe wilt. Cov spresatngan unarpectd at Iengstfinneia errors movey «pS er cosre ‘Seen {urpetterporngstecksonthetrow, ‘trowingeautonto shown laments ‘oeptGeat Assan Part Aha ‘copra Diving nto deep end of pool ‘Tresespcorecnn ane pa dhaitoronta ett er ore fx atom marets nd (orequm nepeck manned an Jeruniy ener enue Seats shuaynoe Fourcomnaiats ‘cea punerenrsinowonen ‘Simon ne aapad ean sek {rin Someseemiobeeingsit onto ‘rotating “Timid ‘Stomerent mee serio ie ‘omowennam asi gustpeacd {hacer more soy teint cover “any What prompted most people to invest in shares directly? ‘Steep market correction was the trigger for many. 14.8% 9.1% ton rate seed noes cas tava imesne ses Sy cao ss Manjeet Kothari, 45 Sales manager at WNC, Ahmedabad stopped investing in mutual funds recently and moved money 10 stocks. He enjoyed good Feturns from funds for a decade before the rzz went out a Tew Yyars ago. He is upset that the funds did not take timely action to cushion market crashes, thus denying him the promised 15% returns with alvidend payouts.cover Sar’ stocknarkstansonal ake iepinge Some coms aking ey mone otaupatnoncetry it aoe ‘eal mary nave me ‘Speranng os Pr aa "Theeareseurloter ent ‘om mata ns tone athe ne ‘ean buon oso wonave ronald fnvesoamequt unas tae nes ‘tat ownorcor ary nen Seo “Taatrsunbrtabocsporing ‘tive seoing the poorreturnsfromenity {unin Rachonan Theres Ceveruofr etn earns Sanry ‘vend strat prompt soo9 xin tscstaog marron penssegnet—aniy roy mene {Gatcmibeveabntheveletores ‘perience aces Anca pater ‘enum setin asereraten ob Irarteptenstradngcriipe ch ftscsmatand adigaccoanraaoet foreseen romugustmasanasome cu unstanisportuo He bad Ssinnisoguiy fins wtmade apr tat ‘sty vag redanod pets Cormeen ene ‘Beyond domestic stocks {ope ope Sevealetainners awalsotan nw aeou—me {trouh mat ni ie Mere ‘store naviaassreesaorne i hue ssareansof aves trper™ fa tyne bean ‘ent ies "inetrs ae eur ‘iiinetuivhalran Secettnc Batrmorerg reign oes heal Investors Hasseenasharprisein srs, Inesowmsnariasmorerealiesers son ‘Nostiavcomsnaround te iene smaretcorecdon andre yung ce ToiyoranorUsmartrts Tecra Stina hat tnvestinustbretrnarhecote: {i Burne rin sexs proviina Senarofomerapote mon eae. ‘Sretnbrancs a was missing nine ‘estecek esas Bla Sihaae ese abngaura bss ae oe rowed no tray eee Tea erupt ‘totcngon nos basa ‘Unhappy with the low returns generated by his mutual funds Inthe past two years, he as ‘begun investing in stocks to bridge the shortfall Though he ‘does not know much about stock investing, he is determined to exit his fund investments the ‘minute the NAVS start moving up again, Had only been investing ‘in mutual funds and Fos till recently. He has started exploring foreign stocks after the recent Market correction to Clversity out of domestic bias. He continues to hold j his fund investments. Areinvestors | Other than shares, what Senareumenens’ exploring elseis attracting investor Tovinectnaceenonnn Che futures interest right now? can smneeaennetee aNdoptions | cold and torelgn stocks, apart Sesion tiiniey mea segment? from index funds. fvoturstorardsrwymadevortus. — Majority Is not, Scan Mpttven nose ecceamech dabbineint ot ‘Kamath, Founder and Ci, Smalicase 23.0% a ae Saree one eee ae ees , eae, 152% SS ae Retalownestiphashompelsaarpestin ‘ne Rellanes ave @Enaoert, aan Capua Cora ines, Veena Inausrisanaatlanee Capt Small, investors navealoptiodonostrosed sin arunaka Han Caras hingwarice, | 517% one tthe seMutual funds have not Poor fund returns in recent years been able to keep pace have left investors disenchanted with the rising market Even ater market rebound, longer term ME returns lok Door. Some MF nvesors are wreney comparing Basta years returncocuren Upc ; : z rears nen ora oo 42.0% argc se | aa | an | sa 43.3% vc 2 || |e 48.2% : = saan ms | ar | as | as nex tee a | ar | oe | se Several smaller companies have ‘Thedice harold ntnvourofmvestors naligtetranninto sk To seen a big rise in retail ownership esupickn marats sie Maremiows| Some ets nave aldo Randsomey but big ets awaltetl investors. ie | ED Sissies torsagvit « eaotre| “orimetrrat PR | EAE ccrsteatortetrtak roe a ‘Sth? mnunciladirsaroorriod ‘Sout imeatrseconingcomac Same ao | as | sae | 229 | o2t Seoniimriotenotyesinein “Senagustmesresaraneand Src eather a | ez | aay | mo | sez comwmancinesosneineonran srl sated bermany nes relat ze | cas | 779 | 38 | seog — tottanycancotoner tannin ‘Bannon baan cocking: 2 | ez | 757 | 26 | tego tentmoseretmcngetnrinaner Scoctnsaungamnerynseckr ech ssctonesomce | 10s | 02 | ane | 103 | asa3 Stennis” cerenemmase | 205 | a3 | asa | mon | an marcimierai sioner: aaa rae 7 ‘somshaveponenneresion ae isa Train Fastin Saad us a 103 so expected. Buttt would be wrong toprestme econ rates ttoontisoeetonaner sec secon ne 32 [3a [aa | ae | san esse Toaneramesere ” = ‘Ganmaeumsctornemartetvopure a sa | saa | ag | 93 | 1178 tam pesybackonono esr -uguliy. an Su lNSewlNSeee ape ANE Meteor wcrroncanst ma novistty onearings growth aay ‘tostunim dosnatingrovmrtaly, fMispuckoeardsny ealapseasty Yash Mehta, 25 Charter acount wn Dowtoue Ivestnent banc Munbat Ventured into foreign stocks just before market Correction. This gives him a sense of ownership of reputed foreign brands, He alms for higher returns by taking risky bets but hasn't started Investing in MES yet. cover sa" Casornepastewmonitsmay ste batinan “tay veserscanntone ‘ohacp nnningorkngetns es, ‘hesarenmns octane ete Saren Satine Yin outieme uted ay pouretnarseanyKeepanex ators neon aton experts Temper Jourrtumeiecatons santa Oinereten yuma tee tein your rounds Kee our expectations re Fenian Yecanrexecriodome Journey ory mnths tretethesiet tr bts Pen leogtine Avidtynctoearn heart ockolekinhinaeway ave ed tmlnmcourens Gonenaton recone thes ustheepprtunuy osemareace Skis. tea nesters ote intron acorn nove na" wort nparetorinmtigin nasa Shasota Gadantbsgnvocar ae Intesexamgiverinstr ington Seen tran Yowllevermeron ‘pityoutecp chase urns aie ‘andeotceeaaes warn Sones ‘Srenscanbesahrexoed nent ‘panos tour prose nah. howreaceqneaeaiizstin anon ‘eset casestke eas torte Sem ie asian spa eremonareingngaly ‘wns ns panera a torn gatas Baad Donte, Diet evacuate “Sart hina Shera ast eee at Furs tank FD tral ots ike one aden tne ere. ot ‘tm conser maring tone "sn your pra” coms Sta tea youtusercangedy one unaeperornce,consier a “needs te Poses ae ‘tame rig {nwt ntl hehe trorry abut funda ext ue Tertrnane bdo Sturt mano Fin ata noe oe Ingomeuns “comparing peat ‘inn werk ah cangarion Eachus nak {nvesorsporai ss ba Dees Imstnundnreturnsaredervane ow throat sueInsurance Do your math before buying a top-up plan Make sure that the deductible of the plan is not higher than the sum insured under regular health policy before signing up for any scheme. byNavneet Dubey How the top-up plans work you navea roguiar oath cover of 6 lak anda top-up cr super tap up cover of 210 eknwih a deductible o 6th you wil have 2 net coverage Of 216 kh. “Te base Mea DY wl ye alt ant fe tpup Bae sat ply wil pay ‘ln wily 23 ease kd and supar op up lan pron costotmetia ret met especially curing tbe anenatcan prove ate oer Seolncaseranemersany Bos Mone ee Siamentincetan Sinay sae ‘heatiepapptanca teased ea eatin oe it etpenaieisnd natant So ficeenrker sae vorwrovetorermees. 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Tonaretorns ang retwostngn teks ‘torrie Traore Ara bolting stocks they woul havedost money habe pS entstoces Ata ‘wheenoe tos invastin stocks ‘regu tuns yarn vivaloftheftes As Fins every ‘overiongperiodsrumeana settperimmengectatons ‘sean Long teemsiPrerursaremutea. 00 you ‘Tasetrms ofstPsinocuundscar be Any arnt euro aa 5m ‘Tasty ofS asad Tinker with iPspatnnerinbare, At ‘Sesteroarecarmasimise ison “owesssotimsting he who sm monic, StS Gon mass EitanTime to bet on stockbrokers Greater participation by retail investors has meant brokers are cashing in on every transaction. byNarendra Nathan stallivestersarogetingbac lmathstck marc ihn ‘sy ae warkiaetum en Even ose ‘ots ris inee cco up eavalaretyintearnimoney fem ra Ingctivties Whatever teretons the, Ueno ness mak or aso mone Dott arearningatrbeaurage hersintnoast quarar0 250 {ani Thoagh On etary oo ‘hat supuates proving upronarains rns inpaetwnkmess i experts he otimestorssiftingtromphysal ets tonanezat aes expect conn, Snssthecquuypardcpacen cringe etd ogy marr said nell ‘omg oars deo ars expanstan tolomintretraie “Interest neat Imarkthasineesedbosase cer Innes rteroeme ninco Iesangpiaerfomtno BFS sere Socuneorrsssot manages, te vanersengstreer nay a Foreramnla ICI earths aninat Aoilttosarivedet ners compet thon. Whibbistlservse pagers are romiminesplencracteeraces tate Ingery rates toeraing sys ate, Tulscosaidaton sant reaaon wy Brokers gaining from interest in market Brokerages have adapted tothe new normal quickly. eas sns to mvt mong ‘nme Serviee apa Goo Fine ea stcatrars ar also bn lungbecascr ates tosdagtto ‘each enon spon il ‘wllehioh ir stentrokers teense hey Ive son online al tei tocom ‘et tes singenIne vio Diagrams isnapingsa Hear ‘apartofthis salad eonoctingin ait peicound me baveshoristdnty socks Big brokerages expected to do well now Te sale players may fn nego toe ie faceof increases competion ‘nae ptt ganscan stb rise lect securities. “This tstnanks to thesold pertrmanceat foe roremompiy3th yoy. tnaiiion ‘oiowormtaitund sas aera rman tual funaproaus alos a ow easing auto ofa mt ‘ing redcess expecta opp a Tce Sects 4177 eT) 2009 1248201 Cet Fnac Series nas (65855) 075 12256 WED) 56571 3308) 4500 Most Cava FeancatServies 1822 (§BBOR «502 322060 [GTIRS) 77625164 stocks ease teprvaling yay both bait kare srs ‘Rectuer papers Whnaneakn pein ‘uvesaon' askin busiaes, dus se Ciseeurtes expects Forenanpie (ICT Seeurestepurtsd a S18 -oynumpinitpetinieretincome ston Thecoteatng cISecurties alo Fine ‘helne pee bere 9 Sant Geolit Fin Services Stage eronth—200%-—a Injforvar Though nt preter tn. 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