Queries

Distribute Your Assets For Best Returns Rittika Pal, Kolkata I am nearing retirement with three years of active service still left. I have mainly been in FDs all my life, and for the past seven years, I have invested in blue chip stocks. Currently, 15 per cent of my assets are invested in stocks, which I have acquired directly. Some of my friends are advising me to go for MFs, and I wish to buy in bulk through one-time allocations as I feel SIPs will take a long time to bear results. How should I approach the market? I appreciate that you have been investing in your freedom fund. It is wise to do an asset allocation as per the risk appetite. FDs will give a sense of security, but adding debt mutual funds in your portfolio of retirement can be tax efficient, looking at the current FD rates. Exposure to direct equity will add up value to your freedom fund. You can invest in mutual funds...