Mumbai, Oct. 9 -- Investors who have stayed invested in mutual fund systematic investment plans (SIPs) over the past five years may have earned returns no better than fixed deposits (FDs), and prolonged weakness in the stock market could further worsen their returns, Ambareesh Baliga, Independent Market Analyst, said.

In an exclusive conversation with ANI, Baliga said the continuing market correction has tested investors' patience, including those who have consistently invested more money whenever stock prices declined.

"Look at the latest SIP data. I mean those who have invested in the last five years in mutual fund SIPs, I don't think they have made more than the FD interest rates. And in case the markets remain like this for a while ...