What is a scheme portfolio?
It’s all about the recipe. Just like successful cooking, a fund’s ability to fulfil the moneymaking objective of a scheme is determined by its recipe. The recipe for a scheme is its portfolio, which is mix of the investments the fund intends to make for the scheme. The fund invests its assets by buying a mix of various securities like stocks or bonds. Depending on the scheme’s objective, the fund manager fixes the investment recipe or the portfolio. The portfolio, on any day, consists of the various securities the fund has invested in. By purchasing into a scheme you become a part owner of that portfolio.
