INSUBCONTINENT EXCLUSIVE:
management schemes (PMSes) managed to generate positive returns for the month, the best being a negative (-)3 per cent, data of 141 of these
products showed.
Equity benchmark Nifty tanked 23 per cent for the month amid rising uncertainty over the coronavirus pandemic and its
Sustained selling by foreign institutional investors (FII), who took out Rs 1 lakh crore from capital markets, further dented market
sentiment.
Multicap-focused Opportunities scheme, run of Buoyant Capital, met with the biggest disappointment, witnessed an 40.60 per cent
strategy also witnessed losses exceeding 30 per cent.
Out of the 141 strategies covered by PMSBazaar, 57 managed to outpace the Nifty for
outperformers.
BSE Midcap and Smallcap indices plunged up to 30 per cent during the month
Yet Shyam Sekhar, Founder and Chief Ideator of Chennai-based iThought Advisory, finds these stocks expensive
