Mutual fund investors nearing retirement need to balance wealth creation with capital protection as their financial goals draw closer. With a shorter investment horizon, portfolio allocation, risk levels and regular income requirements become increasingly important.
A 62-year-old NRI, who currently invests Rs 97,500 every month across mutual funds reached out to ETMutualFunds to seek advice on his portfolio and is looking to build a Rs 3 crore mutual fund corpus in the next four years
