Is my mutual fund portfolio good for long-term gains?

Your Mutual Fund portfolio is good for the long term if it meets the following FOUR criteria:

1. It has only Direct Plan Mutual Funds. Not having them means erosion of upto 40% of your entire portfolio (not just gains)!
2. It is aligned to your risk appetite.
3. It has a mix of various asset classes – debt, equity so that you can rebalance it to ensure long term growth.
4. You systematically and regular invest in it (not only markets are high)

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