Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly


2 mins Read | 4 Years Ago

Start the new decade by making the right investment



The onset of the new decade calls for taking fresh resolutions for personal and financial prosperity. Both of these can be achieved by making the right choices and investments. However, when it comes to the latter, most feel spoilt for choice and are in dilemma.

The Indian financial markets offer ample choice to investors for wealth creation and achieve set targets. So, how do you make the right investments? Read on to find out the answer.

Have a holistic view of financial goals

To call the shots right, you need to have a holistic view of your financial goals. Knowing what you want to achieve within what time will help you zero-in on the instruments to do so. It’s advisable to divide goals into three buckets – short, medium and long.

For short and medium-term goals such as building an emergency corpus, accumulating funds for a vacation or making a down payment of your house/car, you can opt for a combination of fixed-return and market-linked products.

On the other hand, for a long-term goal such as retirement, investing in asset classes that can help you counter the effects of inflation and build a sizeable corpus should be on your radar.

Get a hold on the fundamentals

To make sure your investments are on the right track, it’s crucial to check the fundamentals of an asset class. For instance, if you are investing in a mutual fund, do research on its underlying assets and ensure, it’s not investing in risky securities.

Also, if you are investing in relatively unknown assets as artworks, peer-to-peer lending, etc., make sure you know its associated risks. To put it otherwise, an asset class must be well-regulated and its objective should match the goals you want to achieve.

Know your risk tolerance

Risk tolerance refers to the level of risk you can take with your investments. To get them on the right track, make sure they are in tune with your risk appetite. Various factors undergo in determining risk tolerance. It encompasses your liabilities, cash flow and most importantly your beliefs.

An accurate estimate of your risk appetite goes a long way in ensuring you make the right calls and opt for investment avenues that align with your risk appetite.

Get out of biases

Biases towards investments can be a major roadblock in financial prosperity. Hence, it’s important to get rid of them at the earliest. Herd mentality, loss aversion, oversimplification tendency, etc., are all biases that can prevent you from accumulating wealth for essential life goals.

Therefore, it’s important to get rid of them at the earliest to ensure you are on the path to financial freedom. If you are finding it difficult to overcome them, then seek help from a certified finance professional.


While money can be earned, wealth has to be created. To do so, it’s important to make the right picks and prudent investments. With digitisation, it has become pretty easy to seek information and invest at your convenience.

As a right call today can make a huge difference in your wealth tomorrow, make the most of this decade to enhance your riches.



The contents of this document are meant merely for information purposes. The information contained herein is subject to update, completion, revision, verification and amendment and the same may change materially. The information provided herein is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would (by reason of that person‘s nationality, residence or otherwise) be contrary to law or regulation or would subject lClCl Bank or its affiliates to any licensing or registration requirements. This document is not an offer, invitation or solicitation of any kind to buy or sell any security and is not intended to create any rights or obligations. Nothing in this document is intended to constitute legal, tax, securities or investment advice, or opinion regarding the appropriateness of any investment, or a solicitation for any product or service. Please obtain professional legal, tax and other investment advice before making any investment. Any investment decisions that may be made by you shall be at your sole discretion, independent analysis and at your own evaluation of the risks involved. The use of any information set out in this document is entirely at the recipient’s own risk. The information set out in this document has been prepared by ICICI Bank based upon projections which have been determined in good faith by lClCl Bank and from sources deemed reliable. There can be no assurance that such projections will prove to be accurate. lClCl Bank does not accept any responsibility for any errors whether caused by negligence or otherwise or for any loss or damage incurred by anyone in reliance on anything set out in this document. In preparing this document we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us or which was otherwise reviewed by us. Past performance cannot be a guide to future performance. ‘lClCl’ and the ‘I-man’ logo are the trademarks and property of lCICl Bank. Misuse of any intellectual property, or any other content displayed herein is strictly prohibited.

People who read this also read

View All


View All
2 mins Read | 5 Years Ago
How to Set a Goal for Investment

Scroll to top