My mutual fund portfolio is in the red. I have heavily invested in MFs through SIPs since 2020. Should I cease now and reserve my savings in risk-free tools?

My mutual fund portfolio is in the red. I have heavily invested in MFs through SIPs since 2020. Should I cease now and reserve my savings in risk-free tools?

Over the past five years, since the Covid pandemic, I have actively engaged in Systematic Investment Plans (SIPs) and have been content with the returns, particularly in the post-Covid period. However, in recent months, there has been a noticeable decrease in profits. Despite my apprehensions, my financial advisor has assured me that the current situation … Read more

RBI likely to focus on non-rate steps to fight rising inflation

RBI likely to focus on non-rate steps to fight rising inflation

Mumbai: The Reserve Bank of India is likely to deploy non-interest rate measures to ensure that its action of raising borrowing costs by 250 basis points since May 2022 is fully passed on to borrowers to combat rising inflation. A big chunk of the increase is yet to be passed on.The transmission of policy rates … Read more