Its just another correction & Its also another opportunity !
Sitting through corrections is never easy & seeing one's portfolio fall on a daily basis is very painful. Precisely for this pain equities as an asset class outperforms the 'safer havens'. A simple comparison of how our portfolio & TRI Nifty smallcap 250 portfolio has behaved for the last 5 years will help one digest this volatility. Despite the correction so far FY 25 continues to be a decent year. Infact the correction in FY 23 when the war broke out was more brutal & painful. As of today the world & India seem to me more stable. Inflation globally has peaked & particularly in India is well within the acceptable range. When compared to FY 23, major elections for the center, state & USA are behind with desired results, geopolitical issues are abating & corporate balance sheets are stronger than ever. Fast moving indicators seem strong as well:- Solid growth in Services export rose 24.3% YoY growth to $38.6 Bn Jan - Feb 2025 FASTag collections ...