Replace Index Fund with Mid- or Small-Cap Fund for Long-Term Wealth Creation
As a 37-year-old professional with a 7-year goal of wealth creation, it is important to ensure that your investment portfolio aligns with your objectives. With ample time on your side, it may be beneficial to replace the UTI Nifty 50 Index fund, which is focused on large-cap stocks, with a more aggressive mid- or small-cap fund. This can potentially provide higher returns over the long term.
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