Mid-and-small-cap stocks have seen a significant impact in this correction and the fall is giving a good opportunity to add good quality mid-and-small-cap stocks in our schemes, says Patil.
Here's how to protect your finances during these difficult times and work on your short- and long-term financial goals efficiently
Market correction was long overdue
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Analysts however believe looking at Nifty valuations could be misleading as several of its components trade far below their long-term averages
The PE for the SmallCap index 250 was 99.78 on March 22, according to the NSE
Large-cap funds, dynamic asset allocation and debt funds (credit funds) are the three suitable picks to invest in at this point of time. Also, one should continue with their SIPs