It is never too late to realise mistakes committed inadvertently and unknowingly. While you have lost five years to start investing; you still have time on your hand can make it up with regular investing now on. With adequate life insurance you have taken care of the protection element of your financial plan and should now focus on investing. Though you are a first time investor, we are suggesting you a portfolio of five funds which collectively are well diversified, made of funds that have a proven track record and performance history. The portfolio is growth-oriented with 70 per cent equity exposure and all you need is to invest equally in all the five funds and track its performance at least once a year to assess the portfolio’s progress to make any changes to it if necessary.
Source: Value Research Online
Vivek Agrawal
Summer Intern-Fundamental Analysis
DENIP Consultants Pvt. Ltd.
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