Creating a mutual fund portfolio is daunting task for many investors. It involves several steps which many investors believe are too complex. To begin with, one should shortlist a few schemes with credible long-term performance record. The next step is to pick the ones that are in line with the risk profile and investment objectives. Another crucial step is to fix the composition of the portfolio. The task doesn't end here. Another equally important step is to monitor and review the performance of the portfolio at regular intervals.
Is your money management strategy actually working? Key signs you might be off track
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