DIVERSIFICATION IN ASSET CLASS
HELLO, FREINDS, Today we will discuss the importance of diversification of asset class. Usually, it is seen that we keep the asset in one form or another. But clear diversification is not looked upon holistically. There are various types of assets in the market. Each with unique features and returns. When we do the financial planning, we must check its suitability of it. Likewise equity and debt product are good for long-term as well as medium-term plans. But fixed deposits and other short-tenure products are good for short-term planning. When we do all these exercises, unforeseen circumstances should be kept in mind which create a problem or make us re-think. All these problems are transient in nature but have a major impact on us. In one line we must check and invest in an asset class with a clear view. Right now there are the following types of asset 1. Protection 2. PMS both Equity and Real Estate 3. Fixed and recurring deposit 4. MIS and other small ...