How many funds are "too many" in a mutual fund portfolio?

How many funds are "too many" in a mutual fund portfolio? Less is good but there is NO magic number.There is no such number at all. Some people say 3 or 4 funds are enough. Some others say 8 or 9 funds are sufficient. But for me, there should not be any hard numbers in mind while constructing an investment portfolio. One should remember, the more mutual funds one adds to the portfolio, the harder it becomes to manage, difficult to rebalance,...

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Which index would be better for investment - Nifty 50 or Nifty 500?

Which index would be better for long-term investment - Nifty 50, or Nifty 500?For me, NIFTY 500 is the preferred index to invest in. But it entirely depends on an individual’s risk profile and investment horizon.NIFTY 50: Flagship Indian stock market index that represents the weighted average of the top 50 largest Indian companies listed on the National Stock Exchange (NSE).NIFTY 500: It represents the top 500 Indian companies from the universe of...

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Best Tax Saving Mutual Funds to Invest in 2023

Best Tax Saving Mutual Funds to Invest in 2023 Every year I used to look at the 5-star ratings and study the best trailing-return generators for the last 3 years, and 5 years and select a tax-saving mutual funds to invest in for that year. But next year, to my horror, I used to discover a new set of tax-saving mutual funds at the top of the list and I used to invest there. And this exercise continued year after year. My search for the best ELSS...

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Why I avoided ET Money Genius for investment?

Why I avoided ET Money Genius for investment?"ET Money Genius is a personalized intelligent investment service that creates and recommends an investing plan that is most suitable for investors. It allocates money in different asset classes that help you achieve high risk-adjusted returns. It keeps track of the market dynamics and rebalances your portfolio accordingly. As a result, it continuously manages your portfolio risk. It delivers market-beating...

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