Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms - Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs. While Adani Wilmar was down 55% from its 52-week high, Adani Power corrected more than 33%, and Adani Enterprises about 39%.
If a fund has performed poorly, it is time to junk it. Before you do this, check the performance of the category and the overall market. Dont look only at the short term.
The hike in the minimum basket size to Rs 25 crore for selling units directly to the AMC has ensured that investors approach the exchange, not the AMC. The volumes on the exchanges have increased since last year, at least for the top few ETFs, says Pratik Oswal, President, Passive Funds, Motilal Oswal AMC.
With stock indices close to their all-time highs, there is bullishness all around. Individuals tend to make their worst investing mistakes in such bullish times. Here are a few common investing mistakes that investors should avoid at this stage.