Having different types of funds in your portfolio, ensures that the losses caused by one, are counteracted by the gains in another. When you start your asset allocation, you are always advised to have a diversified portfolio. Protecting your portfolio against market volatility is not a difficult process. The second thing you should do is – INSURE YOUR PORTFOLIO. If you panic buy or sell, you will convert the expected losses into real time losses thereby losing any chance of making back the money. Stop panicking about your investments in the markets. In order to rebuild what’s lost, the first thing you need to do is – STOP! Covid crisis is making people panic about their investments all across the globe, following which they are impulsively selling and buying funds. If you haven’t heard of it yet, you should definitely hear about it now. With the Covid crisis taking over the world, below are the reasons why you should invest in gold mutual funds these summers: Especially, on looking at the current economic times, it is a great idea to stay indoor (rather than go out to physically purchase) and invest in gold mutual funds. Gold ETFs still require you to have a Demat account but in case of gold mutual funds, you don’t need a Demat account either. The whole process of choosing the perfect gold ornament, ensuring it’s safety and even paying the extra making charges is evaded. In contrast to this, investing in gold mutual funds is a quite convenient task. In addition to that, in this case, paying the making charges for the asset is also an additional expense you have to bear. You need to be utmost careful that you store it safely in the locker. Although buying gold ornaments is considered auspicious and popular in the Indian culture, you can’t overlook the sense of responsibility that comes along with it. Going out to buy physical gold is a comprehensive process. We mean buying gold mutual funds or gold ETF. Online purchase: Buying gold online and by online, we don’t mean purchasing gold ornaments or bars from online websites. BEST PERFORMING MUTUAL FUNDS 2018 OFFLINE
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