How to build your mutual fund portfolio to achieve your financial goals in time? Here are key steps
Updated: 27 Aug 2022, 04:46 PM IST
TL;DR.For your long-term goals, more equity is advisable as it helps generate inflation-beating returns. For the short-term goals, equity is not suited and hence, it’s handled via pure debt funds. As for the medium-term goals, a sort of balanced approach of equity and debt is chosen. Let’s try to address your situation and simultaneously, show you how to build your MF portfolio
Buying or selling mutual funds are not complex. If you had bought the mutual funds through Demat account, then you will have to sell through the same account.