'Index funds, ETFs are good options for new mutual fund investors'

As market continues to touch historical highs, fund managers believe that valuations in many pockets are not reasonable anymore. How should retail mutual fund investors navigate this market? "Market valuation in certain pockets is at historical highs while the risk to earnings continues to remain a concern. Hence, we believe one should evaluate all the category stocks on the basis of various valuation parameters," says Yogesh Patil, Head-equity,