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Synopsis
Mutual funds offer portfolios with a larger number of scripts, twenty, thirty or even sixty scripts. Therefore, the portfolio is well-diversified, and you do not need to worry about the movements in any particular script. There may be gains in some shares which will more than outdo the losses in another few.
Head of Research, Emkay Wealth Management, ET
Dr. Joseph Thomas joined the RBI in 1986, where he worked as a Currency Specialist and Portfolio Manager for the Bank in the RBI’s Department of External Investments and Operations. He was also associated with the Aditya Birla Group for almost 12 years.