New Delhi, April 16 -- Mutual fund investors, especially those who entered the market after 2020, are now facing an unfamiliar situation. For investors who entered the market post-Covid, investing in mutual funds looked so easy, with little worry about drawdowns and consistent annual profits between 2020 and 2024. Investors buying mutual funds had a good experience, which gave them confidence to significantly scale up their investments based on near-term past performance.

This ramp-up happened very quickly as they added more money and generated returns for four successive years. But in 2025, the experience seems to have reversed for many. Fund investing, which they once saw as easy to manage independently, suddenly looks very discomfitin...