To Summarize the Process of Wealth Building
Decide on an ideal asset allocation suited to your financial needs. You may explore creating diversified portfolios across asset classes such as Equity, Balanced Advantage Funds (BAF), and precious metals like Gold & Silver.
Once your asset allocation is in place, conduct a portfolio review annually and opt for rebalancing to align market performance with your original investment goals.
Risk Levels:
- Equity Funds: High Risk
- Balanced Advantage Funds (BAF): Moderate Risk
- Gold Funds: Moderately High Risk
- Silver Funds: High Risk
Points to Ponder
- Investing requires patience and timing.
- Assess market valuations carefully before allocating capital.
- Avoid FOMO during market rallies and consider gradual deployment aligned with your financial goals.
- Always remember, investments are subject to market risks.
- Please read all scheme-related documents carefully before investing.