Why you must revisit your Mutual Fund Portfolio Now?
With the increase in awareness of Mutual Funds, many indian investors are preferring SIP route for savings for both near and long term goals. Long term investments or staying invested is a recommended route and every retail investor has figured out that by now. However, every investor need to remember they need to re-balance his/her portfolio during periodic intervals (3 years atleast). Why does the Indian Retail Investor need to revisit his/her MF portfolio now? SEBI has specified 36 categories of mutual fund schemes in total. As per the new rules, the AMCs will not be allowed to offer two schemes under different names with identical investment mandates. One category of mutual fund will be permitted to sell only one mutual fund scheme. As a result of this mandate, the fund houses are now realigning their schemes and portfolio to classify them under the newly formed categories. Prior to the latest regulation, there was lack...