My equity portfolio is like this: I have about Rs.23 lakh in equity mutual funds (MFs), Rs.22 lakh in equity and Rs.24 lakh in unit-linked insurance plans (Ulips). My MFs include systematic investment plan (SIP) of Rs.12,500, and this has been running for almost 33 months. My overall portfolio return is 15%. I recently read about direct plans in MFs. Should I opt for a direct plan? I have a background in finance.
—Haresh Rathore
While deciding on an investment strategy for the long term, we should realise that there is no one-size-fits-all recommendation that applies to everybody.
