7 purohit’s mantras to protect your Mutual Fund Portfolio from cyclone “Thane”

• A strong wall never falls – Invest systematically for a stronger foundation of your portfolio.

• Never grow big trees within the compound of your house – Allocating more in a single scheme is risky. Keep re-balancing your portfolio based on your risk appetite.

• Keep water outlets clean to avoid clogging – Keep an emergency fund and invest that portion in Liquid Funds to avoid last minute panic.

• Avoid going out during cyclone – Don’t invest in sector mutual fund schemes to experience short term thrill.

• Use electricity & water wisely otherwise nature teaches in its own painful way – Avoid shopping through credit cards. Spend less and postpone your less important expenses not your investment decisions. Think long term and start planning for your retirement.

• Don’t wait for the cyclone to check the durability of your house – Always diversify your portfolio across various asset classes like Equity, Debt, Gold, FDs etc.

• Stay calm during cyclone and don’t panic and avoid rumors – Stay invested in Equity Fund even during market volatility and stay away from media noises.  Don’t panic to redeem your investments during market fluctuations.