New Delhi, Nov. 15 -- Over the last 1 year, due to geopolitical tensions and the ongoing US-Iran dispute, which have driven elevated oil and gas prices, along with a host of other factors, the benchmark Nifty 50 index in India has delivered a negative return of -3.34%. On similar lines, the BSE Sensex has delivered a negative return of -3.95%. This has also resulted in several mutual funds in the small-, mid-, and large-cap categories not performing in line with expectations.

This data also shows that all investments in equity markets are subject to market volatility, making proper understanding of these asset classes and risk management an important part of long-term wealth creation.

It is a given that market fluctuations cannot be com...