The plethora of IPOs and inflows into equity mutual funds has been pushing up the short-term returns from mutual fund investors. For long-term investors, the steady rise in the portfolio returns should act as a confidence booster and also as reinforcement to raise their monthly investment contributions. A point of concern which is being witnessed now is the high levels of cash that several fund managers are holding on to, due to lack of opportunities at a price and value that they are comfortable with. There is no change in the portfolio holdings and you could follow the same investments that you already possess.
