MF Stop losses for 14th Aug 2020. As the market is going up, all the funds are locking profits on the go.
Our Pharma Funds stops have made tremendous gains. For example, SBI Pharma which we had been tracking since recommendation has locked 16.70% gains so far. This pharma fund is presently carrying 4.42% risk on its NAV.
Something different is happening in the markets today. Risks on Mutual Funds which used to be at 5% have now got down to below 4.50%. What this means?
Volatility is dropping in the markets. This is advantage is the trend continues in a smooth manner. On the other hand, if the tide changing direction. We will have exits coming on all funds soon.
Invest with caution.