Why this correction? Re-categorization by MF’s brings divergence between Mid Caps & Large Caps, closing in of the divergence with triggers from Currency depreciation, Crude Oil price increase along with IL&FS, DHFL debt crisis brings steep correction to the markets. How long it will last? We are close to a bottom & support. Should I take out my investments? No, hold on. Should I stop SIP’s? Please continue, they are unique in capturing volatility and average your investments. Next best sectors – Pharma, Manufacturing & PSB’s. Look at equity for long term like real estate, else it will burn capital.