MARKETS: Evaluate your asset allocation

Markets have undergone a lot of high risk events like RBI rate shocker, Italy vote, and next in line is Fed policy meeting on 14th of this month. Market has discounted these events in short term and may consolidate within a broad range of 8000 – 8500. The longer term trend will decisively become bullish only above 9000.
At present we recommend investors to review their portfolios and allocate 40% to balanced funds, 30% to debt funds, 20% in gold, and rest 10% in cash.

RR Financial Consultants