In part 1, Vidya spoke about why mutual funds, having the right expectations, setting goals, importance of asset allocation, and how to pick an equity fund. We figured given all the issues, the topic of debt mutual funds deserves a separate episode unto itself. Debt is supposed to be the boring part of your portfolio that provides stability while equity provides growth. But we've seen that investors driven by past returns, star ratings, and poor understanding of the various categories of funds have seen losses in the debt part of their portfolios. In this episode Vidya talks about:
Do check out PrimeInvestor for some insightful perspectives on investing, fund selection, portfolio construction by Vidya and her colleagues.
You can also check out this LearnApp course on the basics of investing in mutual funds.