Easy Investology being the best financial advisor, offers portfolio management services. Before making an investment, it is important to know Risk Profiling, Products and Asset Allocation.
RISK PROFILING- It’s more crucial to know oneself thoroughly than to choose things first. Risk profiling under portfolio management facilitates this. Your risk appetite can be determined by thoughtfully responding to a set of questions that have been well-researched. Due to the dynamic nature of shifting micro- and macroeconomic issues, this might not always be the case. As a result, it’s crucial to revisit and reevaluate at frequent intervals.
PRODUCTS – Many of the portfolio management companies in India offer a wide variety of investment products. Always check to see if a government-appointed regulatory agency is in charge of overseeing the goods. The suitability must then be taken into account. Each product works well in its own environment and with a certain group of investors. Whether or not the same suits you depends on your risk tolerance, the time horizon for investments, liquidity requirements, and the taxation aspect. Additionally, certain products are solely intended for a specific demographic, such as residents, older folks, girls, etc.
ASSET ALLOCATION- It advises against investing all of our resources in a single investment product or category, or “putting all of our eggs in one basket.” We frequently avoid significant losses by dividing our investments among asset classes with little correlation, and we anticipate a consistent return. At regular times, asset allocation must be realigned or re-allocated. There are investment products on the market that are designed to be managed according to this asset allocation philosophy. Otherwise, one can always create a custom asset allocation.