Invest Wise | Why asset allocation matters, even for HNIs

There was a time when the only popular investment  in town was fixed deposits (FDs). We have come a long way, and today  several asset classes are available.These include direct equity, mutual funds (and within that, a full range of categories such as large, mid and small cap equities, multi-asset funds, debt funds, etc.), high-yield debt, commodities such as gold and silver, international investing, private equity, and many others.There are many investors (including high net-worth investors — HNIs) who have become so comfortable with fixed deposits that they often forget to evaluate returns factoring in inflation.

Click here for more