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.
Hybrid funds are back in the limelight after the debt taxation changes in the Budget. This category has seen net inflows of Rs 72,000 crore. What changed for this category and why are investors making a beeline for these funds? Chintan Haria of ICICI Prudential Mutual Fund has answers.
Remember, investing is a long-term game, and it is important to start early and stay invested for the long haul. It is always recommended to consult a financial advisor or expert to get personalized advice based on your financial goals and circumstances.
Experts say that hybrid mutual funds offer a mix of high-risk and debt schemes that help the investor to balance the risk-reward ratio, ultimately optimising the return on investment.