Market Market likely to consolidate in first half of FY20, invest in conservative hybrid fund, says V Srivatsa of UTI Mutual Fund Updated : July 30, 2019 09:57 AM IST You won't see any earnings upgrade in the next 2-3 quarters, said V Srivatsa of UTI Mutual Fund He further said that the market will only show recovery if consumption improves in the near-term. Invest in mutual funds and avoid equities as there's a lot of risks lying stocks, added Srivatsa. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.