Based on a pre-determined rule, rebalance and protect your portfolio from a downturn

The Nifty 50 Index has risen 20 per cent in about five months. That is a handsome gain for an index consisting of 50 diversified stocks. Whether you believe in Newtonian Physics or plain logic, you realise that “what goes up must come down”. The question is: What will you do when the market eventually claws back your gains? Will you hold on to your equity investments on the pretext that you are a ...