According to experts, financial planning can get a lot of things organized and if taken up at a young age, can lead to a much higher amount of wealth creation. After meeting Kothari and Shah, we started deploying that money in different asset classes based on their needs," said Chetanwala. Kothari and Shah are trimming their sectoral fund holdings and are re-deploying the money into large-cap funds. At present, as much as 45% of their equity allocation is in flexi-cap, large- and large and mid-cap categories. For their short-term goals such as an international trip every alternate year, the investments are in debt funds.

Source: Mint February 25, 2021 18:01 UTC