As the Sensex approaches 85,000 and equity valuations remain high, wealth managers suggest investing in multi-asset funds. These schemes combine equity, fixed income, and gold to diversify risk and provide balanced portfolios. Multi-asset funds offer automatic rebalancing and are taxed as equity funds if they allocate 65% or more to equities.
Monday dawns, stock markets hold their breath
On Black Monday, the Dow Jones Industrial Average in the US plunged 22.6% – the steepest one-day percentage drop in its history. The selloff was