Where should conservative investors invest Rs 10 lakh in a volatile market? Experts weigh in
News Source : Economictimes.com
News Summary
- With uncertainty clouding equity markets, investors looking to deploy a lumpsum face the challenge of allocating their money across asset classes.
- Four wealth management experts recommend a mix of equities, debt and gold, with the allocation depending on an investor’s risk appetite and financial goals.
- Here are the recommendations for a conservative investor, as reported by ETBureau.
- They include: Hybrid - Around 25% allocation in hybrid funds.
- Gold/NCDs - Around 30 per cent allocation in Gold and NCDs.
Equity Around 65% allocation in equity. Rs 1.63 lakh in Quant Large Cap, Rs 1.43 lakh in HDFC Flexi Cap Fund, Rs 1.3 lakh in ICICI Prudential Dividend Yield Fund, Rs 1.
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