Business

6 easy ways to improve your funds performance

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1. Diversify portfolio

By spreading your investments across various types of funds, you reduce the risk of being overly exposed to a single market segment. 

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2. Age plays an important role

Younger investors, typically in their 20s and 30s, have the advantage of time, allowing them to recover from market downturns.

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3. Investment objective

Your objectives could range from retirement planning to funding your children's education or simply wealth accumulation.

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4. Opt for SIPs

SIPs allow you to invest a fixed amount regularly in a mutual fund of your choice. This method not only makes investing more manageable but also offers the benefits.

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5. Funds with lower expense ratio

Expense ratio is annual fee charged by fund house to manage your investments. A lower expense ratio means more of your money working for you, potentially leading to higher return.

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6. Keep a regular track

Investing in mutual funds is not a one-time activity; it requires regular monitoring and adjustments. Once you have invested, regularly check the performance of your funds.

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