Building a mutual fund portfolio is only the first step in a long-term wealth creation journey. Equally important is reviewing investments periodically and ensuring that the selected schemes continue to align with an investor’s goals, risk appetite and time horizon. However, experts caution that frequent portfolio changes based on short-term performance can often do more harm than good.
One such query came from Rachana Pradhan, an investor from Gangtok, Sikkim and a viewer of The Money Show on ETNow. She sought a review of her husband's mutual fund portfolio and wondered whether some of the existing schemes should be replaced.
