The pf has taken a big hit because the smallcap index itself has taken a beating.
I have never gone to cash because it is very difficult to judge the market top and bottom. For me, it has been going through the journey withstanding such shocks.
I have seen very good perf in pf and hence able to take this loss. I know that it is difficult if one has just started.
My belief is that there is more money to be made in smallcaps and microcaps than any other segment of the market. Just that the risks are equally greater.
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