How to manage too many schemes in equity, debt mutual fund portfolio
- An investor must add additional funds to his portfolio only if it caters to the financial goals along with suitability which includes analysis of his risk tolerance
I am in my mid-20s, I work in the service industry and have recently started investing in equity markets. Like most DIY investors, I picked up investment recommendations from websites and online videos. Today, I have invested in 25 schemes across 7-8 different categories in equity and debt within the first 6 months of investing. I now feel overwhelmed with the amount of research and time I have to give to these schemes, and suddenly investing doesn’t feel so simple after all. What should I do?
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