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STANDARD OPERATING PROCEDURE SOP FOR RECOGNITION OF PRIOR LEARNING RPL UNDER PRADHAN MANTRI KAUSHAL VIKAS YOJANA PMKVY TARGET ALLOCATION Dated 30th January 2017 RPL TEAM PMKVY Version History Version Number V 1. IF APPLICATION APPROVED RPL SHALL BE CONDUCTED AT PMKK FROM 1st FEBURARY 2017 to 31st MARCH 2017. 1. 5. i. Submission of Project Proposal SSCs interested in conducting RPL as PIAs shall submit a Project Proposal to NSDC. SSC proposals shall not target more than 60 000 beneficiaries....
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Step 1: Start by determining your financial goals and objectives.
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Step 2: Evaluate your risk tolerance.
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Step 3: Research and select investment options that align with your goals and risk tolerance.
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Step 4: Determine your target asset allocation based on your goals and risk appetite.
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Step 5: Allocate your investment funds according to your target allocation.
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Step 6: Regularly review and rebalance your portfolio to maintain your desired allocation.

Who needs target allocation?

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Individual investors who want to effectively manage their investment portfolio and work towards specific financial goals.
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Investors who understand the importance of diversification and risk management in their investment strategy.
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People who have a long-term investment horizon and are willing to commit to a disciplined approach.
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Those who want to align their investment portfolio with their personal financial objectives and risk tolerance.
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Target allocation is the specific proportion of resources or funds allocated to different goals, projects, or departments.
Entities or individuals responsible for managing budgets, projects, or resources may be required to file target allocation.
Target allocation can be filled out by providing a breakdown of resources or funds allocated to each goal, project, or department.
The purpose of target allocation is to ensure resources are distributed effectively and in line with strategic objectives.
Information such as allocated funds, goals, projects, departments, and timelines must be reported on target allocation.
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