New Delhi, June 22 -- Mutual funds are considered as one of the most efficient financial instrument to create long-term wealth. They have potential to beat inflation, generate substantial returns over time, and help investors achieve their financial goals through the power of compounding. But does not mean every investment should be held indefinitely.

A blanket strategy of holding every mutual fund forever may not always be appropriate. There can be situations where rebalancing the portfolio, booking profits, or exiting consistently underperforming schemes makes sense. Periodic review helps ensure that investments continue to align with an investor's financial goals, risk appetite, and changing life circumstances. Experts decode when inv...