If you are investing in the stock market or in equity mutual funds, asset allocation is a must to reduce the risk in the portfolio. Here, in this article, I will explain to you about fixed asset allocation with Nifty 50 and Gold as asset classes in the portfolio with a backtest with the help of nifty and gold historical values. What is fixed asset allocation… Fixed asset allocation is a strategy to allocate a specific ratio of equity and debt (gold, debt funds, etc.). In addition, this strategy is also called the buy and hold strategy. And rebalancing of …