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TODAY'S POST


Saturday 18 April 2020

'Good time to exit debt MFs, allocate 30% portfolio to equity MFs as valuations look fair'

The markets have been volatile ever since the COVID-19 crisis has gripped the world, throwing traders and investors in a frenzy looking for answers about the future course of action.
Portfolios are being rejigged to adapt to the state of affairs but how does one ensure a right mix so as to not incur losses?
"From overall investment portfolio 30 percent allocation can be made in equity mutual funds and the rest 70 percent in staggered way in coming seven months at appropriate entry points and in right sectors," Amit Jain, Co-founder & CEO at Ashika Wealth Advisors said in an interview to Moneycontrol's Sunil Shankar Matkar.

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