Focus more on downside risk while evaluating an equity ULIP or mutual fund
20th Mar, 2018
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Only when the tide goes out do you discover who’s been swimming naked – Warren Buffett
It is very important to look at how a Unit Linked Insurance Plan (ULIP) fund or mutual fund has performed during a market downturn, especially for riskier asset classes like equities, and whether the fund has been able to protect downside risk.
Otherwise, during the peak of a bull market, certain funds would look good in terms of performance, but the same may not look so good, if we ..
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