The doorbell rang, twice. I open the door and I see Sachin, my neighbour, standing there. He stared at me and then quickly walked into my house.
“Vipin, I read your posts on equity mutual funds and debt mutual funds. I also read about asset allocation and diversification.” Sachin said, as he took a seat.
“But you know, I still can’t figure out how to build my portfolio of debt and equity funds. It is all getting too confusing – choosing equity funds, then debt funds.
Can you tell me just ONE fund that can take care of both debt and equity investment?” I now understood the purpose of the sudden visit.
“Ah, my friend, I understand your pain. I guess even the mutual fund houses understand it too. So, they made something to solve exactly your problem.” I replied.
“You mean to say something like that actually exists. That’s great! What is it?”