New Delhi, April 15 -- Asset allocation is a foundational concept in investment management. It involves the strategic distribution of your investment portfolio across different asset classes. There isn't a universal solution, and the optimal strategy takes into account your unique situation.

These asset classes typically include:

There's no assurance that any single investment will consistently perform well. Market unpredictability and potential downturns in specific asset classes are realities. Diversifying your investments across various asset classes with different risk profiles helps mitigate the overall risk of your investment portfolio. Asset allocation ensures diversification across assets and investments.

Additionally, market f...