If you do not have these things in place, you should first take care of them before investing the extra money in an equity mutual fund. This is extremely important in the current scenario. Value funds have been facing tough times in the last few years. Fund managers blame the narrow rally in the market for their poor showing. They believe that a secular bull market that might follow the current bad phase would help value funds to regain their lost glory. However, you should proceed with caution. Use value funds only as a diversification tool – invest 10-20% in them to diversify your mutual fund portfolio if you believe in the value investing principles. Aditya Birla Sun Life Pure Value Fund has been underperforming its benchmark and category for the last few years. The scheme has a large exposure to mid cap and small cap stocks. The large exposure to small cap could be problematic. (If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. ) (Catch all the latest news about mutual funds, MF insights & analysis, best buys and investment trends on) Download The Economic Times News App to get Daily Market Updates & Live Business News.

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Even though the common thought is that black and red are the most powerful colours, the truth is that white is even more powerful. Especially that clean crisp white. Therefore it might be slightly too much for that HR person. Even though HR ladies became fashion-aware in the last few years. I mean lots of them are part of Brunette from Wall Street squad and or on track with all the latest fashion trends. But you might run up with the other kind of HR person. The mice of the office. Walking around in black tights and flats. Boring, dull but mean. And with no sense of fashion. So no, they probably won't give a damn about the white monochrome suit being one of the most fashionable outfits. Well unless they read Brunette from Wall Street blog or work in fashion. But even then they might give you that look if you show up in white to the job interview. Not to say anything more, just remember this word LWDB. WTF* IS LWDB? LWDB? Wondering what this is* Louboutins, white, designer bag. These are all the things you should never wear to the job interview.

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