In an era marked by market volatility and global headwinds, investing in mutual funds has become a popular strategy for many Indians looking to grow their wealth. However, as Rahul Jain, President and Head at Nuvama Wealth, emphasises, there are several common mistakes that investors should be aware of to make the most of their investments.
Jain highlights that one of the most fundamental principles in wealth building through mutual funds is asset allocation. By diversifying across equity, fixed income, and gold, investors can reduce risk and enhance portfolio efficiency. However, many investors overlook this fundamental principle, often becoming blind to risks in rising markets and missing opportunities in declining ones.
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