The 60-40 equity-debt allocation a universally recognised and arguably the most popular asset allocation appears to be losing its edge. A touch of gold works out better
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, suggests balanced advantage funds or aggressive hybrid funds for conservative investors. And multi-cap funds for aggressive investors.
Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year.
India s exposure in the global asset allocation market is accidental as India continues to sit in the emerging markets bucket. As the economy edges near the $4 trillion threshold, a change in perception can help India catapult as a separate asset allocation item