Investing it wisely: Mutual fund investors 'buying low & selling high'

This 'buy low and sell high' strategy has not always worked for them

In the past few years, mutual fund (MF) investors have used corrections in equity markets to accumulate MF units at low prices, shows ICICI Direct report.

Indian investors seem to be gradually mastering the art of equity investing. Instead of staying away from equities during phases of market downturn, they are seen to be increasing their investments during such periods.

According to a study by ICICI Direct, there have been at least three instances in the last four to five years when investors have increased their equity investments in MFs when the market was going down. For example, average monthly