New Delhi, Jan. 28 -- The market benchmark indices - Nifty50 and BSE Sensex - have each corrected about 13% from their highs last September. Weak corporate earnings, concerns of a US-led tariff war and continued selling by foreign portfolio investors (FPIs) have all contributed to weakness in the market.

Neelesh Surana, chief investment officer at Mirae Asset MF, who oversees Rs.1.5 trillion in equity assets, explains how investors should navigate current market volatility, his outlook, and why the fund house is launching a small-cap fund now.

Here are some excerpts from an interview.

What is your outlook on the markets?

The rally that began around March 2023 has now seen its first serious drawdown, with the Nifty 500 Index correcting...