Will the markets bounce back after three months?My mutual fund advisor had a voice that was a bit feeble. He was a bit reluctant to openly advise any fresh investment, given the bloodbath in the stock markets.
However, certain other investors who are actually now working from home in their mutual funds, have an optimistic take, particularly on funds that have a portfolio of investment in the FMCG companies. Their reasoning is that the FMCG companies would not be affected by the Covid19 or by the economic impact of the current lock down in the entire country.
Is this take true? Is it true that the stock markets will bounce back and mutual funds will also be back in action? Members who have deeper knowledge about investment matters may share their views.