Rebalance when asset weights drift, not when headlines shout: DSP CEO Kalpen Parekh
When should investors rebalance their portfolios? DSP Mutual Fund CEO Kalpen Parekh explains why asset allocation should be reviewed annually or whenever asset weights drift sharply. Using the example of gold rising from 10% to 20% in a portfolio, he warns investors not to chase fast-moving assets simply because headlines favour them.