'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
A Codicil is a document created by the testator to make changes to an existing will, points out Sarbajeet K Sen.
Such a will, a cheaper and more convenient option, has to be signed by two witnesses.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
Trustees and protectors can help ring-fence your trust deed and ensure it is executed exactly the way you want, for the benefit of your children, after you are no more.
Parents should secure thier special child's future.
If new goals have emerged, this is the time to make fresh investments.
Be a disciplined investor for attractive returns, says fund managers.