As we witness one of the most challenging economic situations in history, there is a lot of speculation in the market. There are many who suggest that we are far from a recovery and that we should stay away from the equity market at this point. However, being fearful while others are reckless, and being a little venturesome when others are fearful, is an oft-repeated advice to succeed in the equity markets. Longer-term returns are better when the prices at which assets are bought are reasonable and, in many cases, close to crisis levels. Given this scenario, its time to revisit the basics. It is with this in mind that HSBC MF has partnered Outlook Money, India’s leading personal financial magazine, to bring to you “Mutual Funds Simplified”.