9 out of 10 Indians say that financial health has a profound impact on their well-being, and yet only a minority of Indians invest their hard-earned money. A recent survey conducted by us at Scripbox, on the occasion of #WorldSavingsDay, produced some interesting insights on one’s relationship between wealth and well-being. Read on.

The markets are turbulent, largely because of global factors. The uncertainty over the US stimulus, combined with the consistent commentary that the markets are not in sync with the economy, and a second wave of Covid cases, meant that investors are nervous about business growth.

There has been a change in the minimum investment required in companies of various market capitalisations, in multi cap funds.

Markets have continued to rise this month as well, but ground reality dictates investors should remain cautious and have good risk management in place.

Rising numbers of COVID 19 cases, Moody’s downgrade, and challenges for the MSME sector were countered by a spree of capital raising and upbeat sentiment to keep markets positive in June

The markets in May turned choppy once again as the stimulus package failed to raise spirits. While the long term prospects remain good considering the resilience of the Indian economy, short term concerns have started raising their heads. Post lockdown performance of companies can tell us more in the coming months.

The short answer is, you don’t need to worry. Scripbox did not recommend any of the funds which had exposure to these securities. In fact, preventing such exposure is one of our algorithm’s key objectives

A virtual economic shutdown in April has put many companies in a tough spot, only the best companies with enough cash reserves are likely to come out on top.