Also I want to know if it keeps going down, will I lose money forever or it will grow from that lowest point?
As you said, the Coronavirus pandemic is indeed creating havoc across the global markets. Sadly, the world has not faced a similar situation in the recent memory and nobody knows how the situation is going to unravel. That means, it is not possible to comment when there would be a turnaround in the market and your schemes will stop bleeding. Hope you have a long investment horizon. If yes, continue with your investments and hope for the best. Do not worry excessively. It is true that the market has lost around 30% in hardly two weeks, but that doesn't mean that it is going to fall forever. At some point, there would be a recovery. Panicking and taking hasty decisions would end up in losing an opportunity to make up for your losses. Focus on your long-term goal and hold on to your investments.
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7 Comments on this Story
Govind Kumar299 days ago
What is future of bank industries in india As per Mutual fund point of view
Sudhir Gupta302 days ago
Please don’t make people fool
Ramam Rajolu305 days ago
I stopped calculating the losses in my MF portfolio. If done, I may collapse after seeing the losses. I have not requested to inform me the value of my investment in Nippon capital builder fund IV /series B. Today they Informed me that the value of my fund is Rs163347/-out of my investment of 3 lakhs. The loss is Rs136653/-. The percentage of loss is 45.6. This is 2 years 3 months old. Till now no bonus is received. This is not a lone case. There are many like this. Silently we have to suffer.