EXCLUSIVE | Should you start allocating funds to virtual assets? JioBlackRock MD-CEO Sid Swaminathan answers
Portfolio management, Sept. 17 -- Amid a volatile and uncertain Indian stock market, investors are busy finding alternatives to keep their portfolios in the green. Unveiling the strategy to one's portfolio in the positive terrain, JioBlackRock MD-CEO Sid Swaminathan said that one should start allocating funds to the virtual assets like cryptocurrencies, Non-Fungible Tokens (NFTs), Non-Fungible Tokens (NFTs), etc. The University of Illinois Urbana-Champaign alumnus said that diversification of the portfolio is a must; gains in one asset pare the losses incurred in other assets. He advised investors to allocate 3-5% of their net portfolio to virtual assets.
Speaking on the reason for allocating funds in the virtual assets, Sid Swaminathan ...
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