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Portfolio is a combination of securities that have Return and Risk characteristics of their own. It is a combination of various assets and instruments of investment with a combination of different features of risk and return. Portfolio may or may not have aggregate characteristics; it is a collection of financial or real assets such as equity shares, debentures, bonds, treasury bills, and property etc. The Objective of portfolio management is security, stability of income, capital growth,doi:10.22214/ijraset.2019.9073 fatcat:lo5ta46b6rhonhxripypknc3du