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Financial Literacy News: Wealth managers recommend investors to book profits in high-valued mid-cap and small-cap funds and shift towards long-duration or gilt funds. Experts
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Financial Literacy News: Wealth managers recommend investors to book profits in high-valued mid-cap and small-cap funds and shift towards long-duration or gilt funds. Experts
Kalpen Parekh of DSP Mutual Fund advises caution amidst market corrections and suggests continuous monitoring for rational investment decisions. Small and midcap froth, Covid impact, revenue slowdown, and high valuations signal a need for prudence in the market. Parekh says:"We would still say it is time to be cautious, time to be more diversified, time to be more asset allocated rather than chasing only one bucket."
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