Everyone wants to invest in top-performing mutual funds. Some investors keep adding a top-performing tax-saving scheme or ELSS to their portfolio almost every year to save taxes under Section 80C. As a result, they end up accumulating 10-12 or even higher number of tax-saving schemes in their portfolio. The problem is not limited to ELSS investors. Many investors look at only the one-year return and choose the toppers in the category to invest.
Mutual Funds: With markets on a decline, is this the time to rebalance your portfolio?
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