How Life Cycle Funds aim to simplify long-term wealth creation

Indian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset allocation, starting with equities and shifting to safer debt as a target year approaches. Designed for long-term goals like retirement, they simplify investing by eliminating manual portfolio rebalancing. Investors should review the fund's glide path and compare it with other options.

from Economic Times https://ift.tt/0nyd1TQ