Building a long-term wealth corpus through mutual funds is not just about investing regularly; it is also about ensuring that the portfolio remains efficient, focused, and aligned with an investor's financial goals. While diversification is important, holding too many mutual fund schemes can often lead to overlap, making portfolio management more complicated without necessarily improving returns.
A 40-year-old investor with a high-risk appetite and a 20-year investment horizon reached out to ETMutualFunds and sought advice of targeting a retirement corpus of around Rs 4.67 crore through monthly mutual fund investments of Rs 45,000. While the portfolio has delivered satisfactory returns over the past few years, the investor sought expert advice on whether the current allocation needs rebalancing to improve long-term wealth creation.
