BloombergQuint's Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
With equity markets soaring to lifetime highs on the back of renewed hope of a quick return to normalcy, mutual funds are lining up an array of new schemes for retail investors to choose from.
Just last week, nearly a dozen new fund offers were launched by mutual funds. Most of them, barring a government bond exchange-traded fund and a PSU and banking debt fund, were equity-oriented.
The recent, sharp rise in equity markets would have caused many investment portfolios to get skewed, said Amol Joshi, founder of Planrupee Investment Services. In a normal year, it is a good idea to review the investment portfolio at least once and rebalance it to ensure that people have the level of equity and debt exposure that they are comfortable with, he said.
But in an unusual year, like 2020 has been, where markets crashed in March and rebounded sharply in the last few months, it is necessary to rebalance more often, Joshi said.
On this BQ Big Decisions podcast, Joshi discussed what investors need to know if they're considering rebalancing their investment portfolio and wondering whether to buy some of the mutual fund schemes that have just become available.
Listen in to find out...
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