How To Take Market Corrections In Your Stride

The spread of Covid-19 since early 2020 brought an unexpected outcome - retail participation in Indian equity markets saw a sharp jump. According to official data, around 26 lakh new demat accounts were opened in 2021-22. Similarly, the number of unique investors in Mutual Funds in India went up by 49% in 2021-22, compared to the previous year. A lot of this growth coincided with the rapid rise in Indian equity markets between 2020 and mid-2021. Since October 2021, however, the equity market has witnessed a gradual decline. As of early July 2022, the S&P BSE Sensex has come down 13% from its peak seen in October 2021. This correction was largely on expected lines but for those investors who are new to investing, the decline in the equity market came as a rude shock. Investors who entered the market over the last two years have largely seen an upward-trending market. But that is not...