1 min read.Updated: 17 Aug 2022, 11:14 PM ISTHarshad Chetanwala
Ideally, 6 to 8 funds are good enough to build your MF portfolio
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I am 35 years old and doing monthly SIPs (systematic investment plan) in the following mutual fund (MF) schemes: Canara Robeco Blue Chip Equity and HDFC Index S&P BSE Sensex ( ₹6,000 each), Edelweiss Balanced Advantage and Mirae Asset Hybrid Equity ( ₹5,000 each), Kotak Small Cap ( ₹3,000) and SBI Magnum Medium Duration ( ₹10,000). Am I investing in too many funds? Is there any need for diversification into debt / gold?
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