One of the best things about mutual funds is you get to invest in a diversified portfolio, which is possible when you do proper asset allocation. This podcast explains the concept of an asset allocation fund wherein you know how to spread the investable money across various categories such as equity, debt, gold, bonds or fixed deposits. Putting all the eggs in one basket or asset class will not fetch enough returns, which is why spreading the investments is necessary.

Learn more about asset allocation strategies from the expert in this Mutually Yours podcast.