Wealth advisors suggest portfolio clean-up, in favour of largecaps

August 2, 2024

Wealth managers suggested trimming investments in risky and underperforming schemes as the Nifty hit 25,000. They advised taking profits from high-performing PSU and defense funds, and reviewing schemes that failed to beat their benchmarks. Investors were guided to shift towards large-cap portfolios and gilt funds for more stable returns.

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