Many investors are worried about the recent PNB scam and about their fund performance amid all the chaos.
While many stock traders are still reeling under the financial burden on their investment, mutual fund investors are slightly better off in these circumstances.
But mutual fund investors must also remember the fact that maintaining a highly diverse portfolio is an important point to remember in order t avoid such worst case scenarios in the future.
Investors need not panic highly in this case because the amount of exposure of PSU is limited in many funds and their fund manager will take necessary actions to minimize the impact the scam has on their portfolio.
This is drastically different from the stock investor, since they would have invested their hard-earned savings in very few stocks and will face huge losses as the consequence. Mutual fund apps also help you to f
This is one of the scenarios where investing in mutual funds is a safe bet rather than gambling in stocks with high stakes.
Also, the industry experts suggest it is better to focus investing on multiple funds to lessen the loss in future worst case scenarios.