Mumbai, March 13 -- If the latest data is any indication, retail investors are experiencing an anxiety attack. While a full-blown panic is contained, for now, the market's shaky ground is causing jitters. Mom-and-pop investors are showing signs of unease, and experts warn a storm is brewing. With mid- and small-cap stocks poised to fall further, markets could witness a wave of mutual fund redemptions.

"Another 5% or more correction in the mid- and small-cap index will trigger redemptions (from equity schemes) in the next couple of months," said Viraj Gandhi, chief executive of Samco Mutual Fund.

Gandhi explained that 28-month-old systematic investment plans (SIPs) are currently experiencing negative returns. This means investors who ent...