Direct investors move out when markets turn volatile: Karvy
Wednesday, March 15, 2017, 10:11 AM
Investors who invest through IFAs stay put for long term. IFAs account for the maximum number of investors who have redeemed only after a five-year holding period. According to Karvy report, which analysed investor behavior in a stable market and a volatile market, while direct investments have increased, investors who invested mutual funds through direct plans redeemed their investment when the markets turned volatile.