The right way to build a portfolio

If you want to create a good portfolio then you will have to create it with a good strategy and a good plan. I am going to give you some important tips which can help you.

1.Decide your investment objective

You should have some goal like after retirement there should be some provision for the education of children from Tilak etc. for creating a portfolio the rent should be a little low or high.

2.Asset allocation

To build a good portfolio, some money has to be invested in the stock market to get good returns
And to make your portfolio good, you will have to keep some funds safe like in the form of fixed deposits or bonds. You may get good returns and there is absolutely no risk of losing in this in fixed deposits or bonds.

If you want to make a portfolio for a long term then the best way for that is to buy Gold or Silver because their rate always keeps increasing year after year and if you sell it in future then you will get to see a good profit, suppose if you buy it now for Rs. 20,000, then after two-three years it can become Rs. 25,000 as well, so this is the best way to make a portfolio.

You should buy real estate for a long term so that your portfolio is good and you do not face any problem in the future

3.Diversification

If you want to build a good portfolio, you will not have to invest in just one sector but in several different sectors. If you incur a loss in one sector, you will make a profit in another sector. This will maintain the stability of your portfolio.

There are different sectors in the share market like banking sector, FMCG, you can see many sectors like these, you can invest in them

You will have to mix different types of funds in mutual funds as well, like keeping mixed funds like equity debt index

4.Risk Management

To create a good portfolio, risk management is necessary which is as follows

Use SIPs so that if the market fluctuates, it has less impact on your portfolio
If you trade in the stock market, it is very important to apply a stop loss so that you can avoid huge losses.
Keep options in investing even with the highest stock returns so that the portfolio remains good

5.Invest for the long term

Best Portfolio for Stock Market and Funds that give good returns over long term
Avoid short term stocks and invest in long term stocks so that you can get good returns
Do not invest in your own stock. Invest only in 2 or 3 years old stock of any company

6.Be careful about taxes

Understand long term capital gains tax and also short term capital gains tax.
Try to evade tax under ELSS
If you do not want to deduct tax from your portfolio, then you should buy such goods on which tax is exempted, buy as much goods as possible and this will be the best way for you to save tax.

7.Choose the right platform and advisor to create the best portfolio

The right platforms are something like AngelOne, Zarora, ICICI Direct, PhonePe, Dhan and such are the platforms that you can choose from

If you are unable to take a decision yourself, then you can definitely seek advice from an export consultant

conclusion

To make a portfolio right, it depends on your goals and ability to take risks and time. Choose the right asset and try to get a good return and you can also get financial benefits.