Fund houses offer certain all-encompassing schemes which, for practical reasons, should have little place in your portfolio.
India will continue to attract fund allocations from foreign investors next year as well and the 30-share Bombay Stock Exchange (BSE) Sensex would touch 23,000 levels by end-2011, a study by the asset management arm of ING said.
The key triggers would be price of oil, inflation and results of state elections. If oil and inflation levels come down, there could be a rally.
The 35-year-old fails to understand how to decide whether a particular scheme should be kept in one's portfolio or not.
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