
I have been consolidating six funds into two multi-cap funds since December 2018. Is it the right time to continue consolidating funds?
- Rajesh
Yes, it may be okay. It depends on which two funds you are consolidating your money into. However, before consolidating, consider factors such as whether the funds have a good long-term track record of more than five years, provided good returns in rising markets, fallen relatively less in falling markets, how long the fund managers have been managing the funds and so on. After considering all these factors, you can, by all means, go ahead.
This article was originally published on June 22, 2020.
