An easy-to-browse ready reckoner for everyone, with lots of easy tips
HANGING ON TO BAD MUTUAL FUND SELECTION ?
1. Instead of hanging on to a bad selection, it makes sense to switch the money to an investment you feel comfortable with, through systematic redemption and reinvestment in a tax-efficient manner, and for simplifying your existing portfolio.
2. While underperformance of one year may be nothing to worry about, two or three years of falling behind can get frustrating.
3. Worse, if you’re relying on them for a particular average amount of return each year, and they keep falling short, it may jeopardize your chances of meeting retirement corpus goals.
4. However, before redemption, be sure that you're comparing them to an appropriate benchmark index and industry peers.
5. A Multicap - Balanced equity fund combo is a simpler retirement investment strategy, to take care of growth, debt-equity asset allocations, a rebalancing mechanism if markets run up, and continuing to remain invested in equity in a lesser risky manner after retirement too.
2. While underperformance of one year may be nothing to worry about, two or three years of falling behind can get frustrating.
3. Worse, if you’re relying on them for a particular average amount of return each year, and they keep falling short, it may jeopardize your chances of meeting retirement corpus goals.
4. However, before redemption, be sure that you're comparing them to an appropriate benchmark index and industry peers.
5. A Multicap - Balanced equity fund combo is a simpler retirement investment strategy, to take care of growth, debt-equity asset allocations, a rebalancing mechanism if markets run up, and continuing to remain invested in equity in a lesser risky manner after retirement too.