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  • News From Press Diwali cleaning but for your investments: How to remove risky, underperforming assets from portfolio

    Diwali cleaning but for your investments: How to remove risky, underperforming assets from portfolio

    Source: ET 6 hours ago

    It’s Diwali week and you must be busy cleaning up the house. As you remove the useless stuff and clear the clutter, do the same for your investment portfolio. You might have some poor quality stocks that enhance the portfolio risk. Underperforming mutual funds might be dragging down the overall returns. Or you may have simply invested in too many schemes, making the portfolio unwieldy and difficult to monitor. There could also be some tax-inefficient instruments in the portfolio.

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