Retirement planning is essential for securing financial stability in later years. Mutual Funds offer growth potential through diverse investment options, while insurance provides protection against unforeseen risks. Combining both optimizes retirement planning, balancing growth with risk mitigation. Assess needs, set goals, invest regularly, diversify, and protect loved ones with insurance.
Young investors in metros are favouring a direct approach to mutual fund investments. However, experts foresee big growth from smaller towns — places that will require distributors or someone to hand hold new investors. For now, the overall trend looks mixed. Chances are commission may fall, while advisory cannot completely remove human intervention.
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.