Diversification is the key to managing wealth. But, where should you begin?
SummaryActual diversification can be achieved by taking exposure to products that behave differently in different market scenarios, or belong to different sectors or different asset management companies (AMCs)
Diversification is a crucial component of wealth management as it helps to minimize risk. By spreading investments across different types of assets classes and product categories, investors can reduce the impact of any individual investment’s underperformance.