- 1 in every 3 SIP plans are in the red.
- Out of 215 diversified equity schemes, 68 schemes are negative.
- “It is natural for equity markets to go through such ups and downs. SIPs are done by investors to meet long-term goals and should be done for at least 5-10 years. They should not be worried about near-term volatilities or small negative returns in the near-term,” says A Balasubramanian, chief executive officer of Aditya Birla Sunlife Mutual Fund.
- Investors have lost 2 to 9% on their 1 year SIPs in schemes like Reliance Vision Fund, Motilal Oswal Midcap 30, BNP Paribas Midcap Fund, Franklin India Bluechip Fund and HDFC Top 200.