Over 95% of Advisors that I talked to & the Institutional calls that I have attended to recently; have claimed 2 things to their credit …
1 – they exited all their clients and self-investment positions in Jan 2020
2 – most of them invested back into the markets in and around 23 March
By the way…Majority of advisors have said that they have exited Franklin Templeton debt schemes before 23 April 2020. I still can’t understand who those 3 Lakh odd investors with about 28,000 Cr. stuck in the 6 debt schemes, belong to?
Am I in the wrong profession? ?
And most importantly, points 1 & 2 always repeated for every cycle in the last 10 years and they were always spot on.