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PREVIOUS:In order to lessen the impact of any one investment underperforming, diversification can help distribute risk across several asset classes and investments. Investing in a variety of assets can help you possibly increase your overall risk-adjusted returns, including stocks, bonds, and mutual funds. To further guarantee that your portfolio stays in line with your investing goals and risk tolerance, review and rebalance it on a regular basis. Groww provides a variety of tools and features to assist users in optimizing their profits and making well-informed investment choices. The app's ability to track progress toward financial goals and set them is one of its primary features. Groww helps you set specific goals and track your investments in accordance with them, whether your goals are to save for a down payment on a home, plan for retirement, or accumulate an emergency fund.NEXT:Also, to get exposure to various economies and markets, think about expanding your geographical diversification by purchasing foreign stocks or funds. After you've made an investment on Groww, it's critical to keep an eye on and manage your money to make sure it stays in line with your financial objectives. Users can monitor individual investments, track the performance of their portfolio, and make necessary adjustments with the tools provided by the app. You can find opportunities for rebalancing or underperforming investments by routinely reviewing your portfolio. It's critical to keep an eye on your investments as well as keep up with market and economic trends that may have an impact on your portfolio.

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