Business Standard

Tweak your portfolio to help it meet challenges of the new financial year

Check whether you saved adequately during the previous financial year, your asset allocation is in sync, and you have adequate life and health insurance

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Sanjay Kumar Singh New Delhi
The start of the new financial year is an excellent time to review your financial portfolio. Any tweaking you do should be based on market performance over the past year, expectations from the coming year, and change of rules that could affect your investments.
 
Did you save enough?
 
Begin by checking whether you managed to save at the rate you had targeted. “Ideally, you should try to save 50 per cent of your post-tax income,” says Avinash Luthria, a Sebi-registered investment advisor and founder, Fiduciaries. If that is difficult, aim for 30 per cent.
 
To assess whether

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First Published: Apr 09 2021 | 8:20 PM IST

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