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Investing a portion of your salary in mutual funds can be a wise financial decision that has the potential for long-term wealth creation. However, determining the right percentage to invest requires careful consideration of your financial situation, risk tolerance, and investment goals. Read on for a detailed guide on optimising your mutual fund allocation strategy as a salaried individual.

What better time to talk about Gold than now?

It is a known fact that the purchasing power of money reduces over time. An Rs. 2000 note today will fetch lower value a year later and further lower a decade later. Similarly, a Rs. 100 item will most likely not be available at the same rate a year later and available at much higher rates 10 years later. This happens due to the increase in prices of raw materials, input services etc. In normal parlance, this is referred to as inflation, which reflects the increase in prices of commodities and services across different periods.