Asset allocation and its importance, you should know in order to manage your investments better. In addition, Asset allocation means allocating your money to different assets like gold, equity, fixed-income securities, etc. Moreover, investors should do asset allocation to reduce risk in their portfolio based on their risk profile and to achieve their future financial goals. Why asset allocation is important?… There is no fixed asset allocation for you to follow. You can do any asset allocation as per your needs and risk appetite. Every asset class has risk; some may carry high risk and some low risk. And this …