30
Sep
Axis Mutual Fund conducted a survey to understand investors' risk comprehension in mutual fund investing. The survey, which surveyed over 1700 investors, revealed that while investors recognize the importance of investing their money to appreciate it, 59% still consider past performance as a key benchmark for mutual fund investments. Despite this, many investors still redeem their investments due to market noise, despite being aware of the power of compounding. The survey also revealed that 89% of investors believe understanding their risk appetite is crucial in choosing the right mutual fund, but only 27% consider their risk appetite before investing. The…