How to ride out volatility in FY19: Don't tinker much with your portfolio

FY19 might be a tough year, as key asset classes aren't providing much comfort. It's best not to tinker too much with your portfolio because of uncertainty

At this point of time last year, equity markets were rising while interest rates were headed downward. Now the situation has reversed on both counts. If you plan to review your portfolio before the financial year ends, make suitable changes to it so that it can cope with these changes.

Equities: Large-cap funds have given a category average return of 11.94 per cent over the past year. Keep 60-70 per cent of your equity portfolio in large-cap funds as they have the ability to weather volatility better. Says Sailesh Raj Bhan, deputy chief investment officer (CIO), Reliance Mutual Fund: “Valuations