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: be an opportune time to actually look at these avenues. Since January, India has featured amongst the worst performing markets, tad better than China. At this time there were other markets like Brazil and Russia, fared much better. And such divergent trends will continue to emerge. Hence, having an exposure to global funds would be a smart move.
Funds like Principal Global Opportunities Fund-Growth, Franklin India International Fund, have been providing the much-required defence. The former invests in overseas mutual funds and has fallen by around 1.2% only.
Adding sheen to the portfolio are gold exchange traded funds. This category has been at the forefront of returns in the past six months and easily outshined others. Devendra Nevgi, CEO of Quantum Asset Management reckons that investors should have a 10% allocation of their portfolios towards gold funds.
Same old truth
At the moment, the stock market regulator has made the path clear for real estate mutual funds and these should be hitting the market by the end of the year as certain technicalities get cleared. These also represent a tremendous opportunity for investors. And hence, the need to remain liquid is higher.
While all these scenes unfold, the age old maxim of regular and systematic investment persists. Some number crunching shows that the SIPs created during lacklustre phases has extremely strong wealth creation propensity. In fact, around 75% of your wealth can get created in such periods. So while the scenario unfolds, having an SIP might not seem to be an amateurish idea, but actually a savvy one.
The concept of averaging is easily one of the most powerful ones created in the field of wealth management, something that need not be forgotten....
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