We discussed the concept of diversification in the last chapter. If you have not read it, please do so. The current chapter will look at why we need diversification in life. Diversification has its roots in uncertainty, a layman cannot predict the future, so the next best thing is to spread his wealth in multiple…
In the last chapter, we learned about the Assets that are available for Investment. In the current chapter, we will learn the precedence of which Asset Class to choose. You can think of this chapter as the practical class for the theory learned earlier. “Everybody has some information. The function of the markets is to…
1. Equity 2. Debt 3. Hybrid Equity mutual funds mean the entire investments will go into buying shares of different companies. These types of mutual funds are further divided into 1. index funds 2. large cap 3. mid cap 4. small cap 5. flexi cap 6. elss tax saver 7. sector funds Debt funds mean — the…
