ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stock
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Mutual Fund
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Bond
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Bitcoin
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Detailed explanation-1: -You can diversify your portfolio and potentially reduce your risk by strategically allocating your assets across different types of investments-such as stocks, bonds, and cash. You can also invest in different sizes of companies and industries within these categories.
Detailed explanation-2: -Use index funds to boost your diversification Index funds are a great way to build a diversified portfolio at a low cost. Purchasing ETFs or mutual funds that track broad indexes such as the S&P 500 allow you to buy into a portfolio for almost nothing.
Detailed explanation-3: -A diversified portfolio should comprise different styles (growth and value) of funds from different asset management companies across market capitalisation (Large, Mid, Small), geography (U.S., Europe, and others), and asset classes (equity, debt, and gold).
Detailed explanation-4: -1) HDFC Retirement Savings Fund Equity Plan Direct-Growth. 2) ICICI Prudential Retirement Fund Pure Equity Plan Direct-Growth. 3) HDFC Retirement Savings Fund Hybrid Equity Plan Direct-Growth. 4) ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct-Growth. More items •08-Feb-2023