As the stock market indicators Sensex and Nifty touch new highs on a daily basis, many investors are tempted to divert their surplus funds towards equity or equity-based mutual funds. It is, however, essential to direct one’s savings towards various goals which include children education, buying a home andtheir own retirement. Investors should not allocate their investments in a skewed manner. They should have a judicious mix of investments across asset classes such as debt, gold, etc., in their portfolio. Let us look at some such asset classes in detail.
Investment goal and asset class When investors wish to hold the investment for a reasonably longer holding period, say three to five years, investing in equity or through equity mutual
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