Choosing the right fund

An aggressive investment plan is riskier and would suit young investors in their prime earning years. They are better placed to absorb the risks and can reap long-term dividends.

Investors who prefer a balanced growth look for a portfolio that focusses on growth and stability. Here, the portfolio will have high growth through risky investments, but will have a larger share of investments comprising balanced schemes and money market schemes, which are not high risk instruments.

Retirees and investors who desire to preserve their capital and assets should opt for conservative plans. These plans will focus on income and balanced schemes to minimize market risks.

It is important to explore the market and gather information from reliable sources before investing your hard-earned money in financial instruments. Rating agencies are providing investors with expert advice to assemble a portfolio based on their appetite for risks and investment goals.

A rating agency provides

Independent and reliable information regarding all financial schemes and instruments

Verification of the quality of fund management and operations

Information to enable independent decision making to meet specific investment objectives