Don't be over-obsessed with equities, book profits if you haven't already

Exposure to debt funds and gold is essential even if current returns from these asset classes are low

The end of the calendar year is a good time to do a thorough check of your financial portfolio. What makes it even more crucial to do so this year is the change in monetary policy stances of global central banks due to which, the high liquidity and low interest rate environment that has prevailed for the past 18 months, could change.

Rebalance your equity exposure

The run-up in equity markets is likely to have made your portfolio overweight on this asset class. “Though the equity markets have corrected slightly in recent weeks, this is still a good time to