How to save for retirement: Investment tips for moderate risk takers

How to save for retirement: Investment tips for moderate risk takers

I am 35, and recently started a new job with a monthly income of ₹1.5 lakh. I have no significant liabilities and can save 40% of my income. My investments include: ₹10 lakh in MFs (large- and mid-caps, and debt funds); ₹5 lakh in fixed deposit; and ₹3 lakh in PPF. I aim to accumulate … Read more

I have lost a lot of money picking stocks, says PrimeInvestor co-founder Srikanth Meenakshi

I have lost a lot of money picking stocks, says PrimeInvestor co-founder Srikanth Meenakshi

In this conversation with Mint, Meenakshi shares insights about his investments and discusses the growth of fintech and its impact on mutual funds. What is your asset allocation? My portfolio looks something like this: 63% in equity, 30% in debt, 5% in cash for emergencies, and about 2% in real estate. I aim to maintain … Read more