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SEBI categorization has made it easier to compare two funds from same category. True to label must also be followed in spirit and that will help in evaluating schemes as well as performance.
Investors can easily get lost in the noise caused by social media and be gripped by fear. Control over that emotion becomes very important. Unless there's a compelling reason, investors should stay the course.
Regardless of strata of society, investors can get swayed by emotions and the advisor's central role is to ensure no irrational decisions are made and to help achieve those investment goals.