Investors looking at equity mutual funds are often asked to invest in them for the long-term. The idea is to exploit the potential of the asset class equity, which has the ability to outperform other asset classes over the long-term. As is said, 'the proof of the pudding is in the eating', the longest-running equity mutual fund, UTI Master Share Unit Scheme, launched on October 15, 1986, has delivered an annual return of over 15 per cent in its 30 years of existence.
Year-end portfolio rebalancing: Are you on track?
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